Well, first of all this is significantly different to the first, very original, album. After hearing Ambling Alp and ONE I was persuaded to try this album (I had heard all the comments about dissapointment). I thought that Ambling Alp and ONE would be the popiest 'singles' and that the rest would be more All Hour Cymbals- like. If anything, the reverse is true, with Ambling Alp being the closest thing to the first album.
The rest of the album is alot more electro-pop and kind of 'camp' in many places with most subject matters being romance based and with some oompa-oompa base lines similar to Scissor Sisters in places. On the whole it sounds alot like Yeasayer to doing a version of Friendly Fires (who I do like)- interesting, poppy, electro dance with alternative / indie influences. Example of the cheesiness: 'Mondegreen' has the refrain "Everyone's talking about me an ma baby! Making love till the mornin' light!" accompanied by Madness-like trumpets.
Now, don't get me wrong, if you are fairly open about your musical tastes (and quite like Friendly Fires) you will find an enjoyable album with plenty of catchy and interesting songs. I can imagine 'ONE' being a pretty big club anthem, and songs like 'I Remember' making good singles.
If, however, you detest poppyness and only want a unique, melancholic, folky, experimental, ethereal album like 'All Hour Cymbals', then you are probably going to be greatly dissapointed.
Still an enjoyable album, but much more lightweight and poppy than the first.