This is from Robert Fripp's blog this past October. Sounds like Bowie could be working on something...

http://www.dgmlive.com/diaries.htm?entry=20499

So he's in the UK?

__________________________________________
I'll never touch you...
...but I will prick you! David Bowie, Exeter 26 November 1995

He's currently working on the new album in Cleethorpes.

I went to a restaurant that serves 'breakfast at any time'. So I ordered French Toast during the Renaissance.

Thanks alot DancingOnAngels. I can't find a link now, but I believe this too was reported by Bowienet as not true.

Asian Tube TV Online Videos Blog
Asian Tube Online Music Videos Podcast

Anybody knows for sure whether there is some truth in this? It sounds extremely exciting if true. If Fripp really thinks that "David had some remarkable new ideas in process", it sounds very promising. I find it very strange if Fripp should make this up. Considering that the two Bowie albums that Fripp has been involved in are among my absolute favorites, I would welcome him back on board.

Not true

To The Music Outside

So it was only Fripp's dream? Damn! How I'd wish it to be true. Quite interesting though that Fripp apparently is quite a fan. I have always thought he was rather indifferent to Bowie's music.

So was this true all along, then? Or an unrelated coincidence?

"What's Tonga?" - Christopher Meloni

Seems it was true all along! I don't think Fripp would have lied.

Love feeds Love's eternalness and Love feeds the warmth of your caress...

Visconti Interview
Now one person did leak it, but nobody believed him . . .

Who?
Robert Fripp! He was asked to play on it, he didn't want to do it and then he wrote on his blog that he was asked. And nobody kinda believed him. It was a little flurry for a few days, but everyone said, "How could that be true? We haven't heard it from anyone else?"

It's SAILER, idiot!