I'm an idiot! I got confused and thought that Gee and Lyn-z's baby was a boy when its actually a girl. this is the official statement from the MSI website:

Mindless Self Indulgence bassist Lyn-Z and her husband, My Chemical Romance vocalist and comic book writer Gerard Way, welcomed a baby girl into the world yesterday afternoon.

Their daughter, Bandit Lee Way, was born in Los Angeles at 2:57 P.M. on May 27th and weighs 6 lbs., 5.6 oz. "Everyone is healthy and happy." Says a rep for the couple.

Gerard said he is "very excited" about fatherhood, adding: "I don't know that I ever thought about having a kid, but then I also didn't expect to meet Lyn-Z. When I met her I knew she'd be the one person I could have a kid with."

Lyn-Z and Gerard were married in September 2007 after MCR and MSI toured together on Linkin Park's Projekt Revolution. They announced the pregnancy in November. This is their first child.