yes they are. but thats a good thing! Patrick is making a solo album and Joe and Andy are in another band together and Pete is taking care of little Bronx and spending Mehr family time. but they will get back together in a few years. plus they needed the break! ^_^
Pete says they are simply "decompressing" and that they havn't actually broken up. He sagte in an MTV interview that after a few years, they'll get together again but, sadly, I don't think it is true.