Wait.. weren't they gearing up to work on a new album too? Damnit :(

Originally Posted by brent_ster

"We sincerely apologize for the canceling of all of our tour dates. It is something we deeply regret. However, due to internal discord and irreconcilable differences of ambition we are unable to continue as a touring entity at this time. We thank each and every one of you for your amazing love & support. Our sincere hope is to have new music for you in 2013."

Mentioned right in the statement that they are working on new music.

Ah my selective attention read about the hiatus, made me a sad panda and blocked out everything else in the post haha