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Friday night marks Out magazine's 100 party, in which 100 hot gay icons (including someone we know rather intimately around HQ) will dance the night away in sparkly outfits as they celebrate their fabulousness. But we're hearing that guest of honor George Michael, originally rather excited by the prospect of holding court at Capitale amongst attractive young men, has backed out of the event at the last minute. Out's parties are usually rather small affairs, but this year's fete has over 1700 guests attending, along with reporters from People and Access Hollywood. Apparently there are things in this world too big and too gay for even George Michael.