|Tommy was recently interviewed by Creative Loafing Atlanta and here's the little mention of GN'R's future plans:
So what's the status of the Guns project right now?
They're finishing up the mixing right now. Sorting out what songs are going on it and artwork and shit. And hopefully sooner than later, it'll come out. I understand there's probably some European dates booked in the summer. Hopefully, that'll happen and we'll get over there and do it. Once it gets going, it's a lot of fun. There's a lot of fuckin' work involved with getting it going, but once it is going, it's a lot of fun.
You can read the whole interview at creativeloafing.com.