I suppose my biggest problem would be that the band is in danger of becoming very predictable. The guys are doing a great job so far, but i'm hoping that for the next album they throw in a few different elements (jazzy passages, harder/metal influences, etc).
As far as playing/production, i also agree that we should be able to actually hear Lepond on the next album...it's disappointing that they haven't figured it out yet. Also, Pinnella seems to use the same sound for every keyboard solo...switching the patches up a bit would help (ex: Ayreon, Erik Norlander, Derek Sherinian).