No.
Chili's are done. Their new stuff is mediocre.
Frusciante's drug-addled brain isn't going to get any sharper. He was brilliant on Blood Sugar. Did some interesting solo stuff I am told, but the lines he wrote upon his return to the Chili's did not reach the previous level of awesomeness imo.
Well, maybe they'll get together in the future to make some $ touring the nostalgia ticket.