Paul's twitter feed from Feb 2010 has the following tweets...
06 February 2010 # pauldraper: I am producing a great song I wrote with rich in draposound studios and we have a killer band coming together, this records the dogs!
09 February 2010 # pauldraper: Full band In studio today, can't wait
I guess from this we can either think that Paul is indeed getting a new band together and recording an album - or it's for another band that he is producing. Here is hoping!
By the way. A very happy and belated 2010!