-- “We just recently obtained the master rights for [WWCOHWWG?] so, we're technically administering it. We had talked about remastering [it] and including some other recordings that never made it out. All of that requires another level of organization.” -- Alden Penner
“We might arrange a handful of shows,” Penner said. “We’re definitely talking about playing together and seeing what happens. And we’ll probably do some shows in the major cities we’ve played in–probably Toronto, Montreal, New York, L.A., Vancouver—that sort of thing. Whatever’s feasible and it being conditional on it being fun for us to do.” -- Alden Penner
“The important thing right now is that we might play some shows and maybe even record some new material while we're at it. These are all maybes, which have been thrown out there a lot. I guess good practice is that you do what you say.” -- Alden Penner
Sounds like they will only play a handful of shows and continue with their respective projects, but will reissue WWCOHWWG? (as Nick's new artwork suggests) and maybe MAYBE will also include some new or "new" but actually old but never studio recorded before bonus tracks.
As for Dan Deacon, this is all you need to know: https://www.youtube.com/watch?v=vFlBJ1xZK10