I'm a big Living Colour fan... they're still around, although their last album was fairly disappointing in comparison to earlier releases. Great live band, though.
Foo Fighters do what they do, and they do it well. I didn't have a lot of interest in their recent live reworkings, but they make great commercial rock. Although I have to admit that Prince certainly did better with "Best Of You" than they did with "Darling Nikki"!
I've always maintained that a Faith No More reunion would be at least artistically more successful than many bands of that era who've since reunited, but alas I don't think it's in the cards. Patton seems happy with his multitude of projects, and I have no idea what the rest of the band are up to. Their last studio release,
Album of the Year, was an underrated effort with some very grunge-y guitar work from newcomer Jon Hudson.