The latest issue of Prog is focused on King Crimson. The new line-up all seem keen on continuing and possibly moving on to new material. I've summarised news at http://www.bondegezou.co.uk/wnoth.htm#crimson . Most notably, Jakszyk talks about new material having already been recorded: "there's some material that's been written and recorded with five of the current members post-A Scarcity of Miracles, which has yet to be played live and has never been released. I've been writing new material, as has Robert, and we've been discussing that."

There are somewhat contradictory quotes on the matter, but the article suggests the Crimson ProjeKct is now over, with Levin/Mastelotto focusing on the new King Crimson, although a quote from Fripp implies the ProjeKct can exist in parallel.

Henry