I've just been reading an interview with Mel Collins, who is working with Jakko Jacszyk on a re-release of A Scarcity of Miracles with outtakes etc, AND new material involving those two, Tony Levin, Gavin Harrison, (possibly) Pat Mastelotto and Robert Fripp. Mel refers to this being King Crimson material and says KC is "not dead yet". Interesting...
Hmmm. Well, ASoM is the only new material (most of) the last lineup put out (13 years ago!) so it's KC in all but name. I can't see Fripp stepping back into the beast fully though...can you?