It amazes me that people want to compare Lil' Wayne and Jay-Z. Weezy has some serious skills, no doubt, but at this point his body of work is lacking. It's far too early to be comparing him to someone like Jay, whose extensive body of work places him in rarefied company.
Weezy's Tha Carter III is one of the biggest sellers of this year, a feat even more impressive when you consider the overall dip in record sells across the board. There's something to be said for his ability to tap into that internet music-buying audience in the way that he has, which speaks to his relevance as a contemporary artist. Yet whenever I listen to Weezy, I'm reminded of that Chuck D line, "I don't rhyme for the sake of riddlin'." Dude has the ability to adapt to a variety of different styles and flow accordingly, but the substance is often lacking. Besides, I liked Tha Carter II better anyway.
Jay, on the other hand, is a legend who has dominated every aspect of the game. He is Jordan to Wayne's Kobe. Though many people want to elevate Kobe to Jordan's level, Kobe, like Wayne, lacks the accomplishments to properly compare. In many ways the comparison is an insult.
You can't just name someone the best at their craft if they don't have the stats to back it up. Some people are so caught up in what's happening right now that they've lost sight of history. Wayne is promising, but he's no Jay. In the immortal words of Bishop Don 'Magic' Juan, "You gon' have to work some to reach this static, Baby! See you at the top."