In October and November, the group supported Alesana on the Rock Yourself to Sleep tour in the US. In September and October, the group supported A Skylit Drive on their headlining European tour. The "If You Can't Hang" music video was released on September 22. In July and August, the group participated in the All Stars Tour in the US. On July 10, the group filmed a music video for "If You Can't Hang" in Ohio. Later that month, the band made an appearance at Bled Fest. The album's working title was "Who Are You Now?", being named after a Christian moral, but it was renamed due to the album not having any religious attributes. Let's Cheers to This was released on May 10 through Rise Records. On April 7, "Do It Now Remember It Later" was made available for streaming, before being released as a single the following day. In March and April, the group supported Of Mice & Men on the Artery Foundation Across The Nation Tour in the US. The album's artwork and track listing was revealed. On March 30, 2011, Let's Cheers to This was announced for release in May. He added that it, along with the album, is a "cheers to triumph, hard times, success, and to life itself." Release Quinn titled the last track "Let's Cheers to This" after his stepson's enthusiasm for New Years Day. The band were apprehensive about including "Your Nickel Ain't Like My Dime", but, according to Quinn, "it has a vibe that not many bands can pull off in our scene." Quinn and guitarist Jesse Lawson wrote "All My Heart" acoustically, and decided to include it as-is on the album. "Tally It Up: Settle the Score" was the first song written for the album. It talks about a drive people have inside themselves, and the knowledge that what we do could consumes us. Guitarist Jack Fowler showed the rest of the band a riff, which later became "Fire". It is written from the perspective of a son to a father. Quinn came up with "A Trophy Father's Trophy Son" while thinking about divorce and how it affects the parent's children. "Four Corners and Two Sides" discuss faith and where a person stands with it. "Who Are You Now" talks about hope and self-reflection. Quinn came up with the pre-chorus while waiting before a show in San Francisco, with the rest of the song following shortly after. "If You Can't Hang" is about three different relationships and the lessons learned from them. For the band, this refers to critics and people they work with. "Do It Now Remember It Later" is about people who stand in the way of others' dreams. Crummett provided additional instrumentation, specifically percussion, electronics, piano and strings, before mixing and mastering the recordings.
Sessions were co-produced by Kris Crummett, who also served as the engineer, and the band.
Recording took place at Interlace Audio in Portland, Oregon.