By chance (a friend of a friend cancelled at the last minute) I had the opportunity to see the Carl Palmer Band at a fairly intimate venue outside Washington DC about 2 weeks ago. Being a huge Emerson, Lake & Palmer fan, I really didn't know what to think when I checked on his website and found he was touring with only a guitar and a bass player. The two stand-out things to me about ELP were Emerson's keyboards and Lake's vocals. Decided to go anyway...I honestly wasn't knocked out by the show in general, though Palmer's drumming was pretty amazing, though loud (I was about 15 feet from him). The kid playing guitar (looked about 14) played pretty much nothing but Vai/Satriani sweep picking stuff...which is okay but doesn't replace Keith Emerson's amazing keyboard/organ playing, IMHO.
I'd say it's definitely worth seeing if you're a drummer...if you're an ELP fan...you might want to pass. Just my $0.02.
Carl
Takers get the honey, givers sing the blues