I have been a Weezer fan since the first time I heard "Undone" in 1994. With the exception of their most recent album called Make Believe, I think Weezer's stuff still has something to offer. (Make Believe struck me as an attempt to reach a younger demographic. If so, then maybe it wasn't "bad." Maybe it just that it wasn't "my" Weezer.)
The new album will be self-titled but it will be called The Red Album (in the tradition of The Blue Album and The Green Album), and it will be released in June. The first single is called "Pork and Beans" and sounds promising. But in the meantime, front man Rivers Cuomo has been using YouTube to pull together his minions in a collaborative song-writing effort. I've included the video for steps 1 and 2 below, but you can watch all the steps of the compositional process at Rivers' YouTube page [1].