Something like that would be pretty sweet alright.
But for myself such things always come as somewhat of a double edged sword.
On the one hand I'm all into the "Whoo-hoo new material! ANY new material! WHOO-HOO!!!" vibe.
But then the other side of my brain starts chiming in with the whole "Well if Dev thought it was any good it'd be on an album you drooling fanboy loser" kind of buzz.
My brain is mean...
Heh heh.
On the bright side though your second wish will indeed come true as Dev will be releasing a box set of all four of these new albums bundled with four bonus CDs of jams and tracks not on the albums and a DVD of the whole recording process.
You know?
Just in case you were starting to think he wasn't an all round frickin' awesome guy.