Hey Ric thats great - but they had 3 albums: Pop Art (the big intro) followed by Velveteen (also great to my mind) lastly "Little Magnets Vs the Bubble of Babble" but as you can tell by the title at this point T.V. had lost the plot slightly, and this was not anywhere the album that the first 2 were.
I saw them live on the Velveteen tour here in Oz (SO many lovely young women dressed up to imitate Wendy in the audience - short tight shorts, tight tops, and of course Wendy herself in the limelight - DAMN it was a good night to be a 20-something red blooded male!
Another tour through Oz went ahead (I think) after the 3rd album, but was cancelled in Brisbane at least due to lack of ticket sales (we got our money back but would rather have had the show.
Your question got me wondering what she is up to as well - found this interview from january 2006:
http://www.musicomh.com/interviews/wendy-james_0106.htm
Cheers!