modular has a booking agency who looks after both my acts in australia and i used to drunkenly hassle people about it. i think the first time i heard someone tell me they'd heard 8 new avalanches tracks was in early 2008 and while i believe that person to be in a position at modular to be in on such a listening, i wouldn't have a clue if any of those are now on a album.
i haven't heard anything in many months but i stopped asking long ago so who knows, when i did happen to ask anyone throughout 2009 even modular employees hadn't really heard a thing, except that it did exist in some state and was being worked on by both the label at some level and the band. towards the end people did seem to think it was actually in a sample clearing process, but the fact that label employees didn't really know anything solid could be a bad omen.
my gut would be to trust that it'll be out sometime late this year but i haven't been waiting half as long as some of you guys, so maybe my cynicism hasn't been tempered by the taste of disappointment yet