Ohhhhh really!? Don't know how I missed that!? I'll still give it a shot however my hopes of being totally into it kinda just got knocked down a peg or two =/
There wasn't ever a real announcement, but it seems like they did a little pre-production with Butch and figured it wasn't an ideal fit (all speculation, I wasn't there).
Check Fade Away out if you haven't yet - it's a mini-album released in-between The Only Place and this upcoming record, has the same producer, and a boatload of strong songs ("Who Have I Become?" is a personal favorite).
I know a few people who weren't fans of Best Coast until they heard it so it's definitely worth a shot!