There's a new Thought Industry Myspace page that is actually being contributed to by the drummer on their first two albums, Dustin Donaldson. He's taking questions that he going to answer and post as a blog. Kind of cool.
Short Wave on a Cold Day is an all-time favorite album of mine. Rumor has it that some incarnation of them has reformed...I seem to recall a few demos circulating the internet around 2002-03 that were said to be new TI songs. Hopefully these will see the light of day!