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Renminbi morphed into Magnetic Island in early 2010. The new band is operating more like a collective, with membership -- and musical identity -- shifting song to song or album to album. Renminbi's final release was the Surface EP, which came out in July 2009. A write-up describing the EP follows below: Three seconds into Surface’s penultimate track, Renminbi has already pitted a Polvo guitar wobble against a sing-song Galaxie 500 melody