First of all, he’ll have to pick a rap name, but Bill Cosby is reportedly working on a new rap album dealing with issues such as crime, parenting, drug abuse and teen pregnancy.  (AllHipHop.com) .   Judging from the comments on this rumor, the hiphop community is not taking it very seriously.  Entertainment Weekly’s PopWatch Blog says:

Cosby’s drawn a healthy amount of criticism for what some call overly broad, reactionary attacks on a younger generation’s culture. What could he possibly do with a mic, other than embarrass himself?

I’m actually hoping it will be great.  You go, Bill!