New album underway?

We've been hearing in the forums and around the place that the band has been spending a lot of time practising in preparation for the second album, due in early 2005. The latest titbits from the last Spiegeltent performance suggest that they're actually starting recording very soon. There's also a rumour that they may be heading overseas for part of the production! It's reasonably certain that the next album will get a European release so maybe that has something to do with it. Of course, "overseas" could also mean, Tasmania...