I think Starsky's script applies. Something like "I understand why you would feel that way. I made many mistakes in the M and allowing romance and passion to flag was among the biggest. That said, I'm not prepared to live in an open marriage as that is incredibly disrespectful. If you were prepared to terminate that relationship and recommit to the marriage you'd find me willing to address everything that lead to it's failure. But I'm not going to wait forever so I think we will both have some decisions to make".
Something like that. Watch their actions and watch your boundaries.
Me:38 XW:38 T:11 years M:8 years Kids: S14, D11, D7 BD/Move out day: 6/17/14, D final Dec 15