I was huuuge into Tool a couple of years ago. Yes, Lateralus is an absolutely amazing album, still one of my favorites. I'd say it's their best album by far, and they have supposedly already recorded their next album, which will be out sometime this year I guess (if there's one thing I really hate about Tool, it's how fucking mysterious they are about everything -- just give me a fucking release date, assholes!).
Don't bother searching for a DVD -- he's talking about a DVD that came with a live/rare songs album called Salival, which is now out of print. You'll probably find some copies on ebay, but for a rediculous price, last I checked.
As far as other bands similar to Tool, you might check out Isis. They have a similar sound, although the drumming is not nearly as good and I think it might be totally instrumental (I haven't listened a whole lot, admittedly). Tool fans always rave about them though, so they are worth a shot.
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