According to the Baldy on Aliceinchains.com, Alice In Chains are creating new material. This will be their first compilation in many years. I have seen some videos of Alice during their tour this year on Youtube, and am very happy with the reformation of the group, as well as with William Duval's sound (he actually sounds quite a bit like Layne, I think), contrary to what I posted last summer on my Myspace blog about no one being able to replace Layne. I think he is doing a great job. As the Baldy says, it is a "hugely intimidating" role to step into, but he is doing just fine. 
Remembering Layne
Posted by byrdsar0
at 4:37 PM EDT
