Matt,
That is correct. And Jamey is one of the "principal complainers" about the music business. He constantly is at odds with the industry and blames them for many of the problems he created himself. When he was in the middle of the hype and hoopla of the "In Color' song, he was known as being hard to work with. it has actually come out in some "tell all" books about the industry from people who are good friends. He does like playing the more intimate venues but does complain that he can't step up to the larger venues. He is an "aquired taste" and sometimes known as the "prickly pear" among people that work with him.
Most artist and writer's wounds are self inflicted. I think when people get a shot at things, they should not take that for granted. But far too many do. And they find themselves that "flash in the pan" they used to make fun of other's being.
I don't know what will happen to Jamey. I don't know him well at all personally. I have known people who do know him, and they kind of snicker about it. I could see him having one of those "Steve Earle" niche careers, that go on for a while. Probably will never recapture that earlier success, but will be able to do those tours, fairs, rodeos, smaller and medium venues and casinos for quite a while. If he keeps his costs down, he will do fine.
MAB