Actually, I have a theory of who Matt is. In 2000 Mike rejoined Joan of Arc and Matt Clark joined the band as well. They broke up after their How Can Anything So Little Be Any More? so maybe Mike is referring to the Joan of Arc break up. That might explain the last part of this song about Matt (assuming that he is talking about Matt Clark).
Actually, I have a theory of who Matt is. In 2000 Mike rejoined Joan of Arc and Matt Clark joined the band as well. They broke up after their How Can Anything So Little Be Any More? so maybe Mike is referring to the Joan of Arc break up. That might explain the last part of this song about Matt (assuming that he is talking about Matt Clark).