Unfortunately the next WDW official album is scheduled for release in February 2005.
The current album titled "Where Magic Lives" has been extended until the end of the of the "Magical Gatherings" celebration. WDW Merchandise has given it a new PLU number for 2004 but it is the same product. The only track that is currently outdated is "Fantasy in the Sky".
Hopefully in 2005 Randy will be able to bless us with one of his park albums. I think we all miss him being involved in the current albums but he is doing a great job with the Disneyland project.
The good news is that "Wishes, A magical Gathering of Disney Dreams" should be released this Spring.