UPDATE: At Monday's press briefing (full text), White House press secretary Robert Gibbs denied most of the Time story, saying:
There have been no formal decisions about joining a church. I think I've mentioned in here in the past couple of weeks that when he goes to Camp David he has attended services at the chapel there, he enjoys the pastor there. They're not formally joining that church and there have been no formal decisions on joining a church in this area.[Thanks to commenter on this posting for the lead.]
I will say I think one aspect of the article that is true, as I mentioned here in that same discussion, was the concern that the President continues to have about the disruptive nature of his presence on any particular Sunday in some churches around the area. I think that was discussed in the article. And I know he is -- I think obviously he shares the strong belief that there's a very personal nature to one's spirituality. And for it to be -- for his presence to be disruptive, I think he believes that takes away from the experience that others might get and he certainly doesn't want to do that....
I think they will continue to look for a formal church home. I think when he's at Camp David, he'll continue to go to the chapel there. He has told us that he greatly enjoys that.