I, too, have a strong feeling that MK will join Dylan on his tour in 2012, maybe in US. 2012 is a very bad year to be in London for anything that is not connected with the Queen's Jubilee or the Olympics.
I was listening to someone on the radio saying that London is fully booked and that prices for hotels are sky-high and are deterring ordinary tourists and concert goers away. Apparently Andrew Lloyd Webber is closing three of his shows for that very reason. I think MK would not want to be there this year. I'm betting on the US with Dylan!