Update: According to Devin's source at CHUD, Will.i.am is making this whole story up.
I love James Cameron. Not because I love his movies, though I certainly do. No, I love James Cameron because every few months a bit of news comes out about him that results in headlines that seem to come right out of left field. First he was going to radically alter the way the world perceived Jesus Christ. Then he started calling a certain cable news pundit an asshole. Then he was going to stop everything and solve the oil spill crisis in the Gulf of Mexico. And now he's apparently directing a 3D Black Eyed Peas concert film.
Nope, that's not a joke; James Cameron is directing a 3D Black Eyed Peas concert film.