What's Up for Wilmer Valderrama?

The popular star of That 70s Show has been busy lately, especially with those pesky rumors that he's back with his ex, Mandy Moore (yet to be confirmed).

Parade Magazine recently caught up Wilmer, and he's got stuff going on all over the place:

"I created a new reality show for MTV," he said. "You ever see the movie 8 Mile? I created an 8 Mile with laughs. It's a competition called Yo Mama. We go to cities around L.A. and get a bunch of kids at random and let them talk smack—you know: 'Yo mama's this, yo mama's that...' The funniest, the most creative of them will battle it out before a live audience. We need a new generation of reality shows. That's the idea here."

But even for MTV, won't the language be pretty rough? "The more profanity you use," Wilmer said, "the less creative you look. They discipline themselves. MTV guaranteed us 20 episodes. I'm the host and executive producer." So he has money in this thing? "Sure," Wilmer answered. "In Hollywood, to make real money, you have to own a piece of it."

Today, Wilmer is savoring a life that a few years back seemed impossibly distant. He recently was cast to star in the new film version of the '70s TV series CHiPs. On top of performing and producing, he even has a clothing line, Calavena, due out soon, and he co-owns three restaurants. As Wilmer said happily, "It's crazy, man."

Photo from Wilmer's very own site.