Many thanks to the Steve Perry Digest (the sanest Perry board out there) for the link, and to mdperryfan for pointing it out:
Little tidbits here & there just tell a far different story of what’s been going on, and yes, Steve Perry FINALLY explains that !@#$% BTM comment about “not feeling part of the band”. FINALLY.
Though I’ll believe the part about “new Perry album” only when I see it on iTunes.