Perez -- So Sorry for Gay Slur

Perez Hilton is apologizing for the gay slur he threw at Will.I.Am on Sunday night in Toronto -- with an asterisk.

GLAAD had asked the battered blogger for an "I'm sorry" a few days back -- but Hilton makes it perfectly clear that GLAAD can pound sand.

Here's the mea culpa for calling Will.I.Am a "fa**ot."

"I am apologizing to the gay community, to anyone who was hurt by my choice of words," adding "the 'F' word will never be uttered from my lips again."

Perez also says, "I have reached out to Isaiah Washington, someone I incorrectly labeled a homophobe, despite his own public statements that he was not."