It's basically John Lydon and his backing band, no Keith Levene, no Jah Wobble, no Martyn Atkins. But still. They were one of the most important bands in my formative years (what I remember of those years, anyway). Above, one of the best songs of all time, and I will personally mosh disapprovingly at anyone who disagrees with me in the comments.
PiL will launch a North American tour after Coachella (brooklynvegan, thanks Metzger)
UPDATE: Oh god. This classic video clip of Public Image on American Bandstand is awesome. Alternate: YouTube version. (WFMU, via Q-Burns Abstract Message)
And this blog post includes Wobble's thoughts on not being included in the new formation of the band. (undeleted.wordpress.com)