Pete Wentz OUCV1__04MU0.jpgPete Wentz is on the cover of Out magazine this month, where he admits to having kissed dudes and having a crush on John Mayer!

Despite declaring "Yeah, I am a fag," it's not as if Pete actually comes Out in the interview (he is married to a woman, after all), but he's not shy about speaking about his gay tendencies, his past experimentation and his celebrity man-crush.

Wonder if he's asked Ashlee for a "get outta jail free card" for Mayer?