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Journalist: Perez Hilton says on his blog that Kevin Spacey is slowing inching out of the closet. How do you feel about that?

Margaret Cho: That’s cute! How is he inching out?

Journalist: He told Gotham magazine, “I’m living my life how I choose, in no way am I hiding or am I terrified. I’m having the time of my life living my life.”

Margaret Cho: Good! What if he was straight, though? Wouldn’t that be wild? It’s like Olivia Newton John. For years everybody was talking about how she was a lesbian, and then I met her and she was so hetero. It was the headband she wore all through the 80s that made people think she liked women.

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Unlike Perez Hilton, Margaret Cho personally knows Kevin Spacey (she says on her blog that he came to her 23rd birthday party). And she's certainly a reliable source regarding who's gay or not in the industry.

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it is SCARILY true… i sat next to him and his "guest" at a broadway show… the "guest" was SOOOOOOOOOOOOOOO much younger than him and got selected to join the actors on stage… i was MORTIFIED… kevin was in a dream world… while this child "performed"… it just felt so funny seeing them walk out of the theater… as isaac mizrahi (of ALL people) invited them to a party.. tooo funny!!!
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And naturally you assumed this ‘child’ was his toy boy. Do you know that a few years ago Kevin often used to take his beloved nephew and niece (Colin and Ingrid) to various events and parties? To hell with you all, youre just fiendish hopeless rumormongers. But why bother? Youre degrading only yourselves.

[Everyone there (ie at the Pit Bar) knew he was gay]

Everyone? Seems to me that you're somewhat projecting, my dear.
I use to travel quite a lot to London for my work. As I use to stay at the Lambeth road Novotel, not far away from the Old Vic, I often spend time at the Pit bar (good food and wines there). I never was lucky enough to meet Spacey, but one day I had dinner next to 6 members of the theatre staff and I couldn't help listening to their conversation. At one point they were talking about Spacey's "very close" relationship with a certain Kate, and how infatuated he was with her, etc. None of them would allude to that gay thing, I can tell you. Apparently it takes landing on the gay propaganda sites like this one to hear of it.

[I don't think he really even hides it.]

IMHO the man has nothing to hide actually. And even if he were gay and attracted to young men, why should he hide it anyway? Only the bigoted and prejudiced people would think there's anything wrong with it. Are you (and is PH) bigoted and prejudiced?

If I were you, I should remove at once this libellous article about Spacey. It's something to think and write someone is gay (even if, as it appears in Spacey's case, it's untrue). It's a whole different thing to falsely accuse someone of being a paedophile.

If you're seeking troubles, man, this is the right way to get them. Say you prayers and prepare to die if you don't delete this entry.

Look, pal, this is just insane! Spacey is not and has never been a child molester! And the well-informed people know for a fact he's NOT GAY! But the rumours die hard, and just because he's so decent, discreet and private drives the gay-bashers and other haters crazy. The more he resists the pressure for publicising his private life, the worse the fantasies and insinuations get over the years.
That man was under no suspicion (gay or else) before he won his first Oscar for The Usual Suspects. Now the likes of Perez Hilton are suggesting he might be a paedophile, and they'll find gullible people like you to believe it and spread that incredible rumour all over the internet!