Dave Grohl, Josh Homme and John Paul Jones Working on New Project

Remember the summer of 2005? Seems so long ago, doesn't it? Led Zeppelin had yet to reunite (they still do, really), the Foo Fighters had a hit record with 'In Your Honor,' and Queens of the Stone Age released not one but two albums sandwiched by a blockbuster tour. Still, that's the year when Foo frontman Dave Grohl dropped the big one in a Mojo Magazine interview.

No, he wasn't planning on reuniting Nirvana by filming a reality-TV series about the search for Kurt Cobain's replacement. Instead, he was looking to form a new power trio featuring him on drums, naturally, QOTSA's Josh Homme on guitar, and ... drum roll please, Mr. Grohl ... Led Zeppelin's John Paul Jones on bass.

"That's the next album," he told Mojo at the time. "That wouldn't suck."

Cut to 2009 and it looks like it's all happening. Antiquiet reports that the three rock stars have been hunkered down in a Los Angeles recording studio and hammering with the gods, their sights set firmly on a finished album.

There's no word on the band name, album title or release date yet but we're going to side with Grohl on this one and say that no, this will definitely not suck.

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