Your cool friends will tell you it's rad. Your too cool friends will tell you it's an audio recording of Karen O being Gwen Stefanized.
I'm squarely on the side of it being the shit. Their feedbacky, gritty, New Yorky, caterwallininess is pretty much gone. They got a new producer who gave their sound a big spitshine, but the bottom line is it's really catchy and rockin'.
It will mean a lot of new fans who were weirded out by everything but "Maps" on their last album, and that will annoy a lot of people. But at least they didn't Liz Phair themselves at all, and there are still plenty of bands out there that you can scare your I. Banker friends with.