Honestly I would be so happy if something is finally brewing in the PT camp.
Exactly. The frustrating thing for me, and some others, is that I'm a fan of Porcupine Tree, but not necessarily SW as a solo artist. Don't get me wrong, I ABSOLUTELY appreciate SW's talents and understand just how cool some of the prog stuff he does is. It's just not typically in territory that I can get into. I liked The Raven Who Refused to Sing, but nowhere near as much as the Stupid Dream through Fear of a Blank Planet. I've checked out everything he has done since, and he's lost me more and more.
SW himself has said so many times that PT, particularly the IA-FoaBP records, were compromises between he and the band. I'd argue that that compromise is what made PT so special. So yes, anything that perhaps gets PT together and builds off of FoaBP, I'd be down for. I think The Incident saw SW taking more ownership of the direction, and consequently, wasn't as good to me. It wasn't bad, but certainly not something I was very high on.
Hopefully, with some years in the rear view, SW and the PT guys can reunite at some point, embrace that compromise, and continue. I think SW's direction as a solo artist is now sufficiently different, and both PT and SW solo could co-exist nicely.