It's that time of year again. The time when the "best of the best" in hip hop all gather for a night of great performances, and to honor the "best of the best" in rap music from the past year.

Terrence and Rocsi will be revealing the 2011 BET Hip Hop Awards categories and nominees, while Busta Rhymes, Meek Mill, and Big Krit will all be on hand to weigh in and predict who they think will take the win. It's a celebration, so you never know who else will stop by to surprise the livest audience!

Also can you guess who the host of the 2011 BET Hip Hop awards will be? We will make the reveal on the show, but you have to tune in to find out.

For good measure, I'll give you a couple of clues.

1. He's extremely funny.

2. He dropped a rap album in 2009.

3. He's hosted a BET production in the past.

Feel free to post who you think this year's host will be, based on those clues, in the comments section and tune in Wednesday, September 7 at 6P/7C for the big Hip Hop Awards Announcement special on 106 & Park.

(Photos: Christopher Polk/Getty Images; Theo Wargo/Getty Images)