At least that’s what Thom said in a recent interview with The Believer. I’m quoting the WSJ here since I didn’t buy the issue:
“None of us want to go into that creative hoo-ha of a long-play record again. Not straight off,” … “I mean, it’s just become a real drag. It worked with ‘In Rainbows’ because we had a real fixed idea about where we were going. But we’ve all said that we can’t possibly dive into that again. It’ll kill us.”
The WSJ goes on to say that Radiohead will focus on singles and EPs.
(The WSJ via The Believer)
My thought: if that’s what works best for you and gives the best record, then go for it. I’ll miss being able to immerse myself in future full lengths though.