I just got off the phone with Fat Mike. Teen Idols are officially a Fat Wreck Chords band now! We're planning on recording a new album for Fat later this year, as well as a "best of" release featuring selected re-mixed/re-mastered tracks from our Honest Don's albums, as well as some never-before-released tracks. I'm excited to say the least!
Update: Despite the posting on the Pop Punk message board, Fat notes that they have not signed the band.