I still regularly go on "benders." It's usually an artist, rather than a particular album.
Other times, I might narrowly focus on sub-genres (like, say, Brazilian jazz) or eras (early-70s jazz).
Also, I find that that I'll always return to stuff that makes an impact. So I might go on a bender (and almost over do it), but eventually I'll come back again. It's a sort of circling around process, coming-and-going -- and then coming-and-going again.
Yes! For me, one of life's great pleasures is diving into the deep end of the pool & splashing about -- immersing yourself in an artist's music.