Funny that you ask, I just listened to it yesterday. My opinion on it as of now (after 3-4 listens), cped from my last.fm:
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Finally listened to their new album, and it sounds average to me. The thing is, I absolutely loathe The Pariah, The Parrot, The Delusion. I pretended it didn't exist for quite some while. After that, for me, everything they'd release would be an improvement. But Chuckles and Mr. Squeezy is not that good itself. It has some okayish songs, some dreadful songs (The Tent... wtf it is, it sounds like Gavin doing a very poor imitation of Thom Yorke's singing style). Overall, for what it is, it's not bad. But I don't like what it is. Good for those that do.
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If you are looking for stuff like their older albums, you'll be disappointed. There's no real drumming. The music is pop, but with the dredg sound.
So I'll say that it's worth a listen only if you're a dredg fan, and only to see the direction they've taken. Otherwise, you can skip Chuckles and Mr. Squeezy and not miss anything.