hes dissing white rappers. the entire lyric is: "im nicer than pete(pete nice), but im on a search(mc serch) to crush a milkbone(miilkkbone)/ im everlasting(everlast), i melt vanilla ice like silicone".
@Big B P Good try on the "filly" thing ... this is actually dre's line, and in context he's just crashed his benz and is deciding which car to drive next "the monte carlo, el camino or el dorado / hell if i know". Stable is either his garage or chop shop
Lil Wayne is trying to say; when he entered the world, he "cut the lights off" - meaning he ended the world [actually, he ended hip-hop music] because many famous rappers have accused him of 'killing' hip hop.
During the time this CD was released, there was a huge debate on whether music, video games or movies influence our lives or childrens lives. "Slim" or Eminem was one of the artists under attack for violence and explicits in music.