Yeah the headline says that he'll be recording Z2, the second Ziltoid record in case you weren't aware, but there's so much more to it than just that. This is going to be an entire package, according to Townsend's Twitter (courtesy of The PRP).
“So recording of Z2 starts May 2nd in LA! The project started so far include ztv a big graphic novel comic, a documentary and crazy live show The pledge starts in about a week, and although it’s as Casualties Of Cool, all additional funding goes directly into Ziltoid and Z2 The amount we’re planning is crazy…and a ton of fun I think. Just taken forever to sort out and make plans for : )”
Interesting that he'll be crowd funding both this and the Casualties of Cool project, but like I've said before there's almost no way in hell Townsend doesn't meet his goals given his large and rabid fan base. Townsend also announced on his Twitter that the campaign would be coming "in a few weeks," so I'm sure we'll be letting you know it's up as we throw our money at it.