The enhanced and revised Phallos

So, a new edition is indeed in the works.

From the Amazon page:

"Vivid and clever, the original novella has been expanded by nearly a third. As well, editor Robert Reid-Pharr has appended to the text an afterword and three astute speculative essays by Steven Shapiro, Kenneth James, and Darieck Scott."

http://www.amazon.com/Phallos-Enhanced-Samuel-R-Delany/dp/0819573558/ref=sr_1_1?s=books&ie=UTF8&qid=1347911969&sr=1-1&keywords=samuel+delany