According to toolband.com, this is when the new Tool album will be released.
Here's a link to a Guitar World article which includes a link to the entry on the band's Official Website.
No matter how many new Tool tunes are currently complete, I will personally guarantee that the new CD will be released on May 22, 2012 (or May 15, 2012). And unlike that old f**k rattling the shingles with his cauliflower and mini-Cheddars flatulence, my calculation is not based on some preposterous coded Biblical numerology. Instead, it comes from a credible source who, himself, obtained the information via trance-contact (which was written down on a scratch pad) from an interplanetary avatar (and sector commander) named ZEMKLA JR. from the city of Farlon on the planet Selo (in the Bernard’s Star System).
I heard this news earlier, but it apparently was in a different news article that wasn't as clear as this one. I didn't want to post anything that wasn't from a solid source, or worded too loosely.
I'm glad to hear this news, personally. After Maynard going to tour with APC and now him being on tour with Puscifer, I was getting a bit worried that he was just pushing back his flagship band. That being said, I'm excited but worried about this album. After hearing about Adam setting up a tent to meditate to help him with the album, I'm afraid that they're going to be going in the wrong direction. I, for one, LOVED 10,000 Days. Musically, it's their best accomplishment. Unfortunately, it falls short because of a lack of actual songs and the buffer tracks being uninteresting. I just hope that they can nicely combine what they've accomplished up to this point, while still moving forward.
Time will only tell.