They been waiting patiently for Pinocchio to poke his nose
Refers to the remix of Mariah Carey’s “Obsessed” (which is about Eminem) in which Gucci Mane accuses Eminem of lying about having had sex with Mariah. Mane says “So like Pinocchio, his nose gon' grow”
The “waiting patiently” line is a subtle allusion to the 50 Cent song “Patiently Waiting” on which Em (predictably) out-rapped 50 (just like he did to all the others on this one too, no arguing.)
Could also refer to the general public who have been waiting for the old, aggressive Eminem to return to the rap game. Naturally, he’s Pinocchio because he lied about Relapse being good enough to call it his comeback.
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