I love Lancaster, but I do think Derek is a talented guy and the rest of the band is also better than that shitty release would indicate.
I still listen to A Lesson In Romantics pretty often. I listened to the other album maybe one and a half times. It was fucking terrible. I hope they mean what they say here and they come up with something legitimate. If they don't, they're done, or at least should be.
Of course, they are very nice dudes and good musicians, and Derek is a very good vocalist. But it seems to me that without Lancaster, they lost their particular sound that made them so unique and recognizable in comparison with some of the scene's pop rock/pop punk bands.
And, of course, I still listen to A Lesson In Romantics too...