*Woe is the man who makes offensive remarks these days about homosexuals in a joking way.

Brett Ratner is now the former producer of the 84th Academy Awards show. During a Q&A session at the screening of his new film, “Tower Heist,” he said, “rehearsing is for fags.”

(Watch/listen to his comments via the player below at about the 2:40 mark.)

That was a mistake. His statement was published in NY Magazine. After the news caught hold of the public’s attention, he quickly apologized for his remarks and resigned as the producer for the Academy Awards, probably before being embarrassed with the ultimate punishment.

“As a first step, I called Tom Sherak this morning and resigned as a producer of the 84th Academy Awards telecast,” Ratner said in a statement. “Being asked to help put on the Oscar show was the proudest moment of my career. But as painful as this may be for me, it would be worse if my association with the show were to be a distraction from the Academy and the high ideals it represents.”

Ratner also made headlines in a pair of lewd media appearances. He spoke about his sexual history with actress Olivia Munn on both G4 and Howard Stern’s radio programs; he said he “banged” Munn on a G4 talkshow, before admitting that he had never had sex with her in an explicit conversation with Stern. He made several other off-color sexual remarks during the interview with Stern, as well. 

His proactive statement was seen as an honorable deed.

“He did the right thing for the Academy and for himself,” Sherak said in the Academy’s official response statement. “Words have meaning, and they have consequences. Brett is a good person, but his comments were unacceptable. We all hope this will be an opportunity to raise awareness about the harm that is caused by reckless and insensitive remarks, regardless of the intent.”

The big question is how will this affect Eddie Murphy  since was Ratner’s choice to host the Oscars. We’re betting he’ll stay on unless something else goes down.