yeah this kinda sucks, I was looking forward to an actual revive of the label which to me meant new releases, but if Steve Barrow doesn't think its worthwhile, I would doubt I would be much interested either. my guess would be they wanted a whole bunch of work for not much in return, but that's only a guess.
If they started releasing a bunch of new, say, compilations under the B&F banner, I would want it to be Steve who was doing the compiling. Without him its pretty much a hollow shell, no disrespect meant to Dom and/or Bob, but really Steve was the heart and soul of the operation if I recall correctly and always the one with the well deserved credential as compiler of many great releases for Trojan among others.
Anyway I hope something comes of it commercially for them/you (B&F I mean), maybe pay off some bills or actually earn a little money for the principals, so all the best. I have most everything ever released on vinyl and pretty much all the cds so I don't really foresee having to buy many of what may come out of a partnership with VP, but I do think it is well worthy of being out in record store shelves (such as they exist anymore).