Peter Gabriel admits he can "can see the argument" for a reunion of him with Genesis. But the rocker tells the chances of it actually happening are "in the outside department of the betting shop."  He says his reasons for holding out aren't personal, noting he and the other members of the group "get on pretty well."  Recalling his near-inclusion in the most recent Genesis reunion, Gabriel explains that he backed out because the plans were getting more and more complicated, and he could "feel the suction of the black hole."  Peter says he understands the interest from a fans' point of view, and suspects he'd likely feel the same way if he were among them.  He also acknowledges that Led Zeppelin's 2007 reunion concert it was a huge success, but believes it's very risky to try to recapture a "moment that has come and gone."

Neilson Barnard/Getty Images Entertainment

Gabriel is prepping for the release of his new solo album, "New Blood." The disc will be in stores on October 11th.