Steve Howe is (to me) the only "real" Yes member left. Geoff Downes has earned some cred with me because I've always liked his keyboard work, even if he's not as fast and flashy as Wakeman. And with Chris gone and Jon A not likely to come back, Steve is the closest thing we have to an original member.
Anyway, it's discouraging because I'm sure Steve would like Yes to continue, but he can't do it alone. So he's recently put more effort into his solo and trio work, which I guess left Sherwood and Davison to go do this Arc of Life thing, which is generally disappointing. Especially disappointing because I like Circa, and Arc of Life is like half Circa, so expectations were high.
Obviously I would have preferred Howe, Davison, and Sherwood to work together on new Yes music, but for whatever reason, that didn't happen and Arc of Life is apparently that's the closest we're gonna get for now.