Wayne Coyne says the band will be cutting new tracks soon and putting them up online shortly after completion.

Well, “In Rainbows” changed everything. More and more artists have been cutting tracks themselves and then sending them directly to the fans sometimes for donation, but mostly for free.

The Flaming Lips are hopping on the bandwagon: “With this new thing, we’re going to spend a lot of time recording at our houses or wherever we are at,” Wayne Coyne told Rolling Stone. “We’ll try to release a song a month and document the song in the making, whether it takes us three or five days or a week. It’s gonna be, ‘We’re working on a song and it’s gonna be up by Friday.’ We just want to [release material] some other way.”

Later on in the interview, Coyne expressed much excitement over playing their 1999 masterpiece “The Soft Bulletin” live in its entirety. “I know in recent shows there hasn’t been very much “Soft Bulletin” live. That came out when a lot of our fans were 10 years old.”

Last year, The Flaming Lips performed Pink Floyd’s “Dark Side of the Moon” live and even recorded a studio version for release. It seems that Coyne is potentially interested in doing more of their own albums in live performance. “It seemed as though we should start with this one and see if anybody gives a shit. People always ask us to do those types of shows.” I’m personally not into the predictable aspect of “album shows,” however, a live performance of “Clouds Taste Metallic” from end to end would be pretty amazing.