Holy yes! AND Albini's producing the next one. Conference Of The Birds is so so good.

Says the press release:

It is with extreme honor that Southern Lord Records is officially able to announce the signing of San Francisco's OM. OM was formed in 2003 by Al Cisneros (bass/vocals) and Chris Hakius (drums), both founding members of legendary doom pioneers Sleep. The band has released two previous albums with Holy Mountain Records: "Variations on a Theme" (2004), and "Conference of the Birds" (2006). OM will fit perfectly among other bands on the Southern Lord roster (Sunn 0))), Earth, Boris) who are continually pushing boundaries, and forging ahead in new directions. OM are helping reinvent AND reinforce modern heavy music.

Their first album for Southern Lord will be recorded this summer at Electrical Audio studios with Steve Albini at the controls. Album title and release date will be forthcoming.

In a word: Slay