Transcribed it:

“Look, I hear the DJs, I hear the fans, I hear everybody. I’m not doing a Diplomats album. I’m not rhyming with Jim or Juelz or nothing. I wish them all the best of luck. Accept it people. The people don’t wanna seem to accept it. I don’t have time to do that, it’s not happening, I’m not doing it. That’s why I called you [NowWutTV] here, cuz I know you’ll get it across the world. And hopefully the people will get it in their head. Cam is doing Cam. I’m not doing no Diplomat Immunity 3 album. I hope they’ll do it and I wish them luck. Stop dreaming. Stop hoping. Stop wishing. Stop imagining. I’m not doing it. Official. What’s today’s date? Thursday, March 26th, 2009: Cameron Giles, aka Spacely Sprockets aka Jaffe Joe aka Killa Cam aka KFC, whatever you wanna call me, I am not doing no Diplomat 3 album. That’s it.”

He’s teary-eyed during this.

UPDATE: Right around the time this video debuted last night, XXLMag.com put up a Juelz piece:

XXLMag.com recently chopped it up with the prince of the Dips Juelz Santana to find out his reaction all the reunion talk, and unlike Jim Jones it doesn’t seem as if he’s ready to bury the hatchet with Cam’ron just yet.

XXL asked Juelz how he feels about bringing the group back together in light of Jones’ recent interview with Funkmaster Flex. “I ain’t speak to nobody on that,” he said.

GLC’s Love, Life & Loyalty coming soon.

The track will also be featured as the first single from the benefit compilation for the Negro Leagues Baseball Museum: True To The Game.

Ye takes care of his artists. Probably the best artist/label owner out there.

I have no idea how the contracts are so.. don’t quote me.

Related: Spike Jonze to Film “See You In My Nightmares” Video for Kanye West

Styles P – Day N Nite

Styles P – You Don’t Want It Wit P

Styles P – Get Down (over my favorite track from God’s Son)

Shouts to Mr. “xclusiveszone.net now” X

It might take him a minute to write all of these song titles on his Twitter… considering he types them out in Morse code.

Jim Jones feat. Ludacris, Busta Rhymes & NOE – How To Be A Boss Pt. 2

Busta Rhymes feat. E-40 – Exclusive Ownership

Busta Rhymes feat. Spliff Star & Show Money – I’m Back

Bonus: Spliff Star feat. Uncle Murda & Michael Jackson – Bang Bang

Props to our Busta liaison Splash Star.

Not on the album, but here’s the last leak from Heathen dropping the 31st.

Nickelus F – Great Set Of Teeth (Monumentus)

“I am proud to be the man that I am/No, I ain’t perfect, but I got a good heart and I recognize my purpose/ I deserve this/ The WordSmith from right up out the churches/ Let the world judge me and write about the verdict… You need that heartfelt/ I’ll come to your service/ So much more to me than what you see up on the surface/ A HEATHEN because I’m weak, but I desire to be more earnest…”

Props to 247HH.com.

Pac Div’s EP is out today, head over to iTunes to purchase.

The Culture Capture Champs catch Mos Def during a break in the studio while recording “The Ecstatic” . Hear how he dissects some of his favorite MF DOOM lyrics & talks a bit about his influences. Mos Def’s new album in stores June 9th on Downtown Records. DOOM’s album out now on Lex Records.

Props to KLEPONE for the heads up.

Related: How We Captured DOOM On Canvas @ Frolab

Hit the jump for some footage of DOOM performing in Atlanta in 2005.

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Exile and DJ Day do their “Dope Man” routine at the Seattle release party for Exile’s Radio LP.

After the jump, check out some bonus footage of Exile doing his thing at the NR/TSS show in Austin. Nevermind the drunk wobbly camerawork.

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Serius Jones and Skyzoo are on the 2nd “Street Politicz” segment speaking on what they bring to the hip hop game and if the “DJ” is the reason why people say New York fell off.