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"I'm in the wrong for going on stage and taking away from her moment," he wrote on his Web site. "Beyonce's video was the best of this decade...I'm sorry to my fans if I let you guys down...I'm sorry to my friends at MTV...I will apologize to Taylor."
Kanye jumped on stage, took the mic from the young country star, and told the audience that Beyonce should have won the award.
"I feel like Ben Stiller in Meet the Parents when he messed up everything and Robert De Niro asked him to leave..." he wrote. "That was Taylor's moment and I had no right in any way to take it from her. I am truly sorry."
Should Taylor accept Kanye's apology? Is it just too late?