It’s a sketchy report as best, so take it with a whole shaker of salt... but yes, that is Christ with a K.
It does make sense considering Kanye’s ego. He’s reportedly working on a track entitled “I Am a God” (which set off a flurry of erroneous reports that his album would be called I Am God). And, Biblically-speaking, God’s son is Christ. Oops — Khrist.
“This is a huge decision, but it is Kayne who is taking the lead,” a source tells the site. “He thinks a name is far more important than Kim does. Yes, Kim wants the perfect name that is unusual and fun, but she thinks it’s just a name... Kayne sees a name as much more than a name; he sees it as a brand.”