Pete Wentz: Father, Bassist, Award Show Host?

Okay, Fall Out Boy fans, you officially have yet another reason to be jealous of your Australia brethren and sisteren. Because it has been announced that, after finishing up their whirlwind Australian Tour, Pete Wentz will return to the land down under in March to host the Vodafone MTV Australia Awards 2009 on Friday the 27th!

As you probably remember, last year Wentz started gaining some hosting experience with his television show F’in MTV, where the nominees for the 2008 MTV Video Music Awards were announced. He and his wife, Ashlee Simpson-Wentz (who was heavily pregnant at the time with the couple’s first child, Bronx Mowgli) also performed a few skits at the actual show, encouraging fans to vote for Best New Artist (which was eventually won by seeming underdogs Tokio Hotel) and leading to Pete exclaiming, proudly “That’s my wife…AND MY BABY!” Unfortunately, no word on whether Ashlee and Bronx will be joining Pete on his return trip.

But this is uncharted territory for Pete, the first time he will be hosting an entire show solo. And there’s even more on the line since Fall Out Boy is actually nominated for “Best Rock Video” for “I Don’t Care” the first video from their album Folie a Deux. And while Pete is always ready to take on a new challenge, acting hasn’t always been his forte. But who knows, only time will tell!

Even if Pete can’t quite hack it as a host, he might be saved by rocking performances from Sia, Kings of Leon and The Killers.

Do you think Pete will be able to handle hosting duties as well as Katy Perry did when she hosted the MTV Europe Awards? How do you think he’ll stack up to last year’s VMA host Russell Brand? Share your thoughts, feelings, comments and extreme jealousy of the Aussies!

UPDATE: Pete’s comment on this situation, via Twitter: the oscars get the worlds sexiest man. the australian mtv awards get the 503,009 most sexy man in the world. seems like an even trade.