Elect the Dead may not exactly be full of raging metal tunes, but I think it was an excellent album. Although, that probably depends on whether you like Serj Tankian as a vocalist or not to begin with.
The dude sings his ass off all the time and his voice isn't half-bad once you get used to it, unlike that other System of a Down guitar fellow.
Now Tankian is working with an orchestra to release a live recording of the album's material. Seems fitting enough to me... although I question the necessity of playing with an orchestra for some bands.