smashing pumpkins bootleg their own album?

what’s going on with this?
I haven’t really been into them for a few years, but apparently they got in some sort of tiff with their record company, and had their friends bootleg the album over the net. I don’t care too much about these dueling millionairres, but it is rather amusing. Anyone have the full story? This is from their official website:

The Smashing Pumpkins have released a new album on Constantinople Records (Billy’s new label) and is the Smashing Pumpkins 6th album. This album is being described as a followup to Machina and the last album from the band. As a final farewell, and a fuck you to a record label that didn’t give them the support they deserved, a limited pressing album was made (3x10" + 2LP, 5 discs total) and given away to be bootlegged out among the fans. There is 25 copies pressed on to 12 inch records, there will never be a cd pressing for this album.

They’re also including images should fans wish to create their own CD covers. Rather amusing, I think.

I’ve already posted about this: http://boards.straightdope.com/sdmb/showthread.php?threadid=38383

And, I think you answered your own questions with the quotation from the band’s site.

The album is pretty good, actually.