According to a brief update from LOADED frontman Duff McKagan, "it looks like we are in the beginning stages of booking a club gig out in NYC sometime near the middle or end of May. Loaded 3.0 anyone? Stay tuned!"

As previously reported, McKagan (VELVET REVOLVER, ex-GUNS N' ROSES) recently spoke with Chris Kornelis from SeattleWeekly.com about a number of topics including the JANE'S ADDICTION rumors. An excerpt from the chat follows:

SeattleWeekly.com: Have you considered tossing in the hat on Loaded? Or perhaps Velvet Revolver? I mean, Slash is pretty busy these days, too, right?

McKagan: "Loaded will ALWAYS be something I do. It is more a way of life and a way to express music and have a fucking blast with those guys than anything else. I'm sure we have hopes of one day having a song that gets a lot of play on the radio or something like that, but that is not what drives us.

Velvet Revolver had an amazing climb from absolutely nothing to something that people around the planet got into. That is also an amazing thing to observe from the inside. I won't be the guy to say it was anyone's fault that we came to an end with Scott Weiland; shit just happens. If you've been doing this as long as I have, you just learn to shut your mouth and fucking move on. Velvet is in a period of downtime right now, and perhaps we will one day get a new singer. For now, though, I have to look at opportunities when they are presented.

I have been a huge fan of (Jane's Addiction founding bassist) Eric Avery since the mid-'80s, when I would go to see them play at clubs down in L.A. This is not, in my mind, about me replacing him, in any way shape or form. I have a lot of respect for this band and the guys in it. The music that we have been writing is an extension of that mutual respect. AND it's a blast! Perry Farrell is an absolute visionary. Dave Navarro has always been a guitar player who I have had a lot of respect for. Playing in a rhythm section with Stephen Perkins is almost trancelike. Kick-ass for sure. I also want to make it clear to JA fans that I really appreciate all of the kind words and sentiment directed to me.

I put no blame on Slash for VR not just putting everything else to the side and looking for a singer after our parting with Scott. I know Slash very well, and also know that his new record is something that he has arguably been wanting to do since the early '90s. This record is on his own terms, with no band members to deal with. I get it. I think maybe we all needed a break after what went down with us.

I have never spoken or written about this, because things of this nature are just so often better left alone. With the sheer volume of calls and e-mails I have received in the past week regarding JA, I thought it best if I was completely open about all the factors that make up my career. We are all friends in VR, don't get me wrong, but with all the different issues that plagued us, we all just needed to do something else for a while, I suppose. As I said, though, I also cannot just wait around. Life is short, and I am going to make the most of it."

Read more here.