The album was produced by Robert Schneider with additional production and mixing by Bryce Goggin (Pavement, Evan Dando, Sean Lennon) and was recorded in four separate states (New York, Colorado, Kentucky and Georgia).

Wood, a dedicated Apples fan, met Robert Schneider at SXSW music festival in Austin, Texas during 2003.

New Magnetic Wonder was the first release on the newly formed label, co-released, marketed and distributed through Yep Roc Records, Elephant 6 and Redeye Distribution, as well as the first album by the Apples in Stereo not released through spinART Records New Magnetic Wonder has received positive reviews, and has been described in the press as a "masterpiece".

The enhanced CD version of the album features descriptions of the scale as well as digital files for MIDI usage.

Two songs composed using this scale have been included on the album, with a third ("Non-Pythagorean Composition 2") as a bonus track on the enhanced CD.

The enhanced CD version of the album features the following supplemental content: New Magnetic Wonder was produced by Robert Schneider.