from wiki :
On January 21, 2009, it was reported that CYHSY abandoned plans to head to the studio to record their third full-length album, and are "taking a break" while the band members pursue side projects.[8] However, some speculate that the break could be permanent due to vague statements given from CYHSY's manager, Nick Stern, that "[The internet is] probably reading a bit too much into things."

news to me anyway