I wouldn't say they were too generic or derivative. They seem to use space rock influences to good effect and it sets them apart from being another MBV or Slowdive rip-off.
I love Ringo Deathstarr's album but I think shoegaze has reached it's creative limits. Apart from that album and Asobi Seksu's latest, other stuff I've heard this year sounded like a rehash of old ideas with little or no progression.
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