Not sure what I think about this record. I've only been through it twice and have yet to listen at really high volume and/or with headphones. It's nice and muddy and reverb-full. The songs have that Neil Young quality--there are certain chord changes that he does over and over on song after song, but still sound great.
I did hear one lyric that kind of bugged me: "I've seen a lot of war." While I respect the artist's right to comment on things not personally experienced, something about saying that about war these days feels wrong. I despise our adventurism in Afghanistan and Iraq. I'm generally pacifist in nature. I just think war is something that if you haven't really seen (and by that I mean first hand), it's too presumptuous to say you have, even under artistic license.
Here's a vid about the making of the record. Daniel Lanois produced. He comes off cool and flakey in this--which is appropriate for a producer I'd hazard.