Smokey and the Bandit was a series of films starring Burt Reynolds, but GZA uses it here as slang for his guns

Another boxer reference, this time to British-born Ricky Hatton

The Mayweather family has produced many successful boxers, the most recent being Floyd Mayweather, Jr.

50 Cent is known for hanging out with Floyd a lot. Floyd is also known for perfecting a technique known as the “shoulder roll”.

This song was also released when Mayweather and Hatton were fighting each other.

Kappa & Sigma are shorthand for well-known black fraternities — known for stepping

“I am the Alpha & the Omega” is bitten from Jesus (in the Book of Revelations)

Alpha = Alpha Phi Alpha

Omega = Omega Psi Phi

Kappa = Kappa Alpha Psi

Sigma = Phi Beta Sigma

Dro is slang for homegrown marijuana

Masta Killa actually does some pretty deep philosophizing here.

Back when this song was written (and in places where it still is practiced) it was common for states to practice the Death Penalty. Killa questions the point of this practice by referring to the killing of inmates as another homicide and painting those who champion this method as hypocrites.

Most likely playing P-funk as in Parliament-Funkadelic, a soul, funk, and rock music collective headed by George Clinton since 1968.

Slang for a kilogram (of cocaine) — if you start moving kilos rather than “eighths” of kilos, you are coming up in the drug game.

The “key” is also the rectangular painted area on a basketball court near the basket, confirming the suggestion that some make it “[f]rom the streets to the league.”

Also a musical eighth to a key on a piano

A boast by Ye that this album is going to become a classic
(It did sell 957,000 copies in its first week, so it looks like Kanye may be right after all)

A reference to the intro track on Late Registration called Wake Up Mr. West.“

An indication of West’s maturation on Graduation since Late Registration. On Wake Up Mr. West he is being told to wake up because he needs to be motivated; now on Good Morning he is more aware of his place in the world and greets it with conviction.