This rumor started in June when Journey fired Jeff Scott Soto. People thought it was because Steve Perry was coming back, but then Steve himself made this announcement:
"It has been brought to my attention that there is a rumor circulating that I am reuniting with Journey. I want to go on record as saying that I have no such plans whatsoever to do that. What you have heard is only a rumor. I’m truly sorry for any disappointment this rumor may be causing."
I guess things could have changed in the past 3 months but I doubt it. Sadly, Steve's voice is definitely not what it used to be.
But maybe I will be proven wrong. As I've said before on this board, if they do reunite, I will be the first one in line!