Knowing these guys' sense of humor, I actually think this is pretty funny. And their fanbase is diehard enough that they will probably reach the goal, so why the hell not?
And $1 for a digital download of the album is a good deal, and obviously designed as something cool for their fans.
sounds a bit like extorsion to me. theres no way in hell this album cost even close to 150k. some cool rewards tho