They're playing the Olympic Closing Ceremonies and are planning a new tour. Roger is in phenomenal shape, and his voice actually sounds better than it has in years.
I watched a special about them recently. They were, and are, an amazing band, especially when you realize they had the best drummer (Keith Moon), best bass player (John Entwistle), and one of the best guitarists in Rock history (Townsend). Roger is one heck of a fine singer, too.
In terms of music quality, they are probably the 2nd best all around "rock" band of all time.