Well, if this photo from a Primavera employee is to be believed, apparently so.

https://twitter.com/#!/gabiruizps/statuses/158947677009223682

MASSIVELY excited about the prospect of this. D.I. Go Pop is one of my favourite albums of all time. Although I recently read that Ian Crause isn't interested in revisiting the band's old material, so perhaps there's a new release on the way?

There are actually no bands left to reform now though. Except Cows.