It's a good album; reminds me of Fishmans' later work at some points and sounds sort of like Sweet Trip crossed with the scrappy ethos and sample-usage of Sumack in others.
I don't buy the backstory's legitimacy at all, though. The recordings are too clean to be something that was self-recorded (computer-based home recording studios would have been in their infancy in the late-90s, so a band of their small caliber would usually be using something like a 4-track cassette recorder instead) and the versions of the songs that were supposedly ripped from a bitrot-ridden CD sound more like someone just slapped a bitcrusher VST on the clean recordings than genuine CD read-error artifacting. An impressive hoax nonetheless; 4 years is a long time to devote to something like this.