Scott McCaughey tells the Seattle Weekly that former R.E.M. guitarist Peter Buck’s self-titled album — with guest turns by Mike Mills and Sleater-Kinney’s Corin Tucker — could be out as early as next month, when Buck debuts his new band, dubbed Richard M. Nixon, at a pair of Seattle shows with Young Fresh Fellows.

R.E.M. fans got their very first taste of guitarist Peter Buck’s debut solo album today when former Dream Syndicate frontman — and frequent Buck collaborator — Steve Wynn world-premiered the song ’10 Million BC’ during a guest DJ stint on Diane’s Kamikaze Fun Machine on New Jersey’s WFMU.

Following the break-up of R.E.M. last year, frontman Michael Stipe was quick to say he had no intentions of making a solo album — but that doesn’t appear to be the case for guitarist Peter Buck. Longtime R.E.M. sideman Scott McCaughey broke the news this week to KIRO 97.3 radio show Seattle Sounds.

Slicing Up Eyeballs caught up with the Dream Syndicate’s Steve Wynn last week as he was rehearsing with The Baseball Project for a tour that hits both South By Southwest — for a marathon 14 gigs — and a series of spring training ballgames.

This week’s new releases include The The’s soundtrack to the film ‘Tony’; a new best-of from Scritti Politti; Mike Watt’s punk opera ‘Hyphenated-Man’; the second album from Steve Wynn’s The Baseball Project; a new OMD single; and This Mortal Coil on vinyl.

Members of R.E.M.’s fan club have begun receiving their annual holiday single in the mail, and, like last year’s, the 2010 installment features the return of departed drummer Bill Berry on a cover of Darlene Love’s classic ‘Christmas (Baby Please Come Home)’ — as well as an instrumental mashup of three tracks off the band’s forthcoming album ‘Collapse Into Now.’