Reply #23: How about this, then?

[IntravenousDemilo]

Heterosexual African-American male: "I can't believe that faggot moved into our neighborhood."
Me: "I'm sure you don't like the word "nigger". Try to remember that next time you are tempted to say the word "faggot"." Maybe a little less caustic, perhaps?

I'd never use your first option, in case the person I was talking to were to say, "Hell yes. Let's DO IT!" As you know, there exist individuals who just don't get sarcasm.

BTW, the black people I know here in Toronto call themselves "black", not "African-American", for obvious reasons. This is especially true of the Jamaican Canadians who comprise the majority of black people in my city.