I spoke to Jon Stewart yesterday, full details are coming soon and a few more things, but heres what he told me:

Diid is now manager of My Vitriol - I mention that cos some people were raving about the MV album a few weeks ago.

Andy is playing bass in some band (never said which)

Lou has got the book deal, but here's the big bit...

They WERE in the studio last year, all three of them, and they recorded a whole albums worth of material in demo form, the book thing is likely to put the album aside, if it ever gets released even. I heard one song from it, it was really good, dunno if the 'Smart only' fans would like it, its quite simply moving on in the direction they were going in the first place, spacy synth intro, chiming guitars, breathy vocals.

Some more things too, keep an eye on my site for details, and the interview when I get the audio file fixed a bit.