I hear what you're saying and I agree with you on lots of your points. You're missing the point of this album. IT'S A CONCEPT ALBUM. He saw the film and was inspired by it. He watched scenes from it, rewound the tape, and made songs ABOUT THE FILM. He says this is what inspired him.
So, I agree that someone like Jay or someone like 50 who is making MILLIONS, sounds stupid when they're talking like they're back on the streets when we know they're not. But since it's a concept album, it's like Deniro ACTING ON SCREEN as if he's poor and a gangster, but we know he lives in TRIBECA in a million dollar loft.
Here's what I had to say earlier about this being a "concept" album:
The fact that it's a "concept" album based on a motion picture doesn't change the fact that it sounds like he is just going to be re-hashing the same material we've heard from him before. Besides, I would use the word "concept" really loosely when referring to this one. Jay said the movie took him back to his own memories - his own emotions. When you are doing a concept album, you base your songs almost entirely on the material in the film - not your own experiences.
If Jay was going to do the official soundtrack for the film, cool, I would undertand why he was doing this. But this isn't the case - Jay can call it a "concept" album all he wants, but he has implied that the lyrics are also going to be inspired by his own experiences.
To me, Jay is too talented to be doing a record like this - "concept" or not, he's done this kind of record before and I feel the only reason he is doing a record like this is because of the backlash he received for Kingdom Come.