unless something goes seriously wrong, i'd say summer next year. not too soon after retro (london probly wouldn't let them), and despite the 1 song a month schedule, i'd hazard a guess that they already have some backing tracks done, maybe even the skeletons of 1 or 2 actual songs, a few lyrics, that kinda thing.
even if there is no LP release by then i'd say bets would be very good for a one-off non-album single sometime next year (to help justify the next round of compilations if nothing else!!!)
the main thing is that they seem to be working as a proper band again, rather than barney and his backing musicians, which may significantly speed things up.
plus (of course) 18th june 2003 would make a very nice 32nd birthday present for me :)