Got it yesterday and have listened to it about 4 times now.
My overall feeling is that it's a comforting album. You've waited 22 years, pondered what a follow up would be likely regularly and you're basically given what you'd hoped for. It's very good, but as an album, a group of songs, it doesn't work in the same way Loveless does. There's no "To Here Knows When" to blow your mind out two thirds through I guess.
My favourite track so far is "Only Tomorrow", basically because it sounds like a more mature version of MBV, it nods towards conventional song-writing and production whilst still being weird as f*ck. The most frustrating track is "Nothing Is", which could be incredible due to the subtle changes in looping drums, changing volume and intensity and occasional shift in chord of the repetitive guitar. But the problem is, it's not really a song, there are no vocals and it doesn't go anywhere - it just sounds like an experimental interlude before "Wonder 2", but it could've been the "To Here Knows When" of m b v.
Finally "Wonder 2" would've blown my mind if it were released in the second half of the 1990s, but it just sounds a bit of a tired idea, sort of like Shields is trying to prove where he was going over a decade ago, but just couldn't get there.
But overall, I'm enjoying it, any new MBV material is million times better than new material by any other band.