Well, that could be good news, but I wouldn't get my hopes up just yet.

Putting it out there for consideration is still a long ways from the press. Many reprint proposals are abandoned after further examination. IIRC, the first and only printing of this title took six or seven years to go out-of-print. It's a wonderful book, and it's understandable it's highly sought, but the actual demand may fall short of Stackpole's requirement for another print run. Fly tyers are a small market, and those who craft spey flies even more so.

That said, consideration is a breath of hope for those in the market for its eventual return to the shelves.