Guy already mentioned that the last week was the last week of recordings.
He also mentioned that the general schedule was, during the first week, having the core band (Glenn, Jim and Ian) recording overdubs on the material that MK and him already recorded previously, then Richard Bennett and Paul Franklin arrived to do the same, and during week two, the rest of the musicians (The Mc's and Phil) arrived to record their parts.
McCusker mentioned in his twitter that it was a great week recording with MK, so my guess is still the sessions are over:
http://twitter.com/#!/johnmccusker/status/87577942548414464And most important, Guy didnt answered any question nor posted anything new to the diary, clear sign that he is not working