You should watch it, it's awesome. It's just the two guys in a studio, playing an acoustic and an electric guitar and their vocals. They switch instruments when they switch their role in the song. You can watch it here:
http://www.theageoftheunderstatement.com/
They performed 6 songs. Oh and if you watch them, can you tell me what the hell it is that Miles says before the song starts in "The Chamber"? I can't figure it out.