This is a subject area that really pisses me off!
Whether or not the offer was genuine, I don't think there's any way in hell that Jello would consider such a thing. The rest of the band are the guys that wanted to use "Holiday in Cambodia" for a fucking Levi's commercial, they are the ones that took Jello to court for unpaid royalties (there was an accounting error which was later rectified and all band members were duly paid accordingly), they are the ones that have whored the legacy of the Kennedys by reforming with a puppet. They played for troops and dedicated songs to brutal murderers from the stage in San Francisco - I mean, the fucking cheek.
Jello has, and had, principles. He also stuck to them. The rest of the band probably realise that they're fucked without Jello and are now trying to smooth it all over. Fucking hypocritical American punk rock charalatans.
I would never go and see the Kennedys without Jello. I'd love for them to reform, but it would be for all the wrong reasons, and everything they did and everything they said would be hollow and suspect.