The bass player likened the experience to reforming The A-Team for one last job and confessed that he is looking forward to getting back on stage with the group at tomorrow night's (February 21) Brit Awards in London.
Writing for The Sun, James explained: "There is always a feeling that this may be Blur's last bow, which I suppose makes it all the more exciting.
"We've been asked to perform five songs. I met up with the band last week and we discussed what we will play. I'm more excited about playing a few of the old hits again than winning.
"Winning prizes is nothing compared to the feeling of playing music."
He continued: "Pulling the band back together is like reassembling The A-Team for one last job.
"I'm a cheesemaker now. As much as we loved Blur, if you do anything day in, day out for 15 years, it becomes a job. We all needed to go our separate ways and do other things with our lives.
"Now when we play together, it's for the joy of it, like in our early days."
Blur will take home the 'Outstanding Contribution To Music' prize at the Brit Awards 2012.
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Watch the music video for Blur's 'Coffee And TV' below: