Yep - you read it right. There has just been released a new book by J.R.R. Tolkien. It is a book that apparently was unfinished when he died, so his son Christopher Tolkien took many years to compile all of the notes and prepare it for publishing. Christopher says that all the language is really J.R.R.'s, so apparently, the notes and unfinished manuscript were enough to equal a whole new book.
I'm super excited! I just got my copy today. I'll be participating in a blog type book-club thing over at WTB's blog. We'll be reading at a prearranged pace and regularly discussing each section. Come check it out.