The pop princess will probably sign a multi-million dollar contract in the next few days, but is it a good idea?
We've presented both sides of the argument and invite you to give your own opinion on the next chapter in Britney's whirlwind career.
Why Britney shouldn't do The X Factor USA [MN]
Britney Spears is more than just a popstar. She's a pop culture icon. The link between the untouchable pop gods of yore and the 24-hour-tweeters of today. A piece of pop art in herself.
We've already seen more of her than we'd ever want. From the short-lived mess of 2005's Britney & Kevin: Chaotic reality show to the borderline gynecological photographs sourced and published by various moral vacuums. But we don't need to see anymore.
It's not that talent show judging is beneath her. It's a respectable profession which has managed amazing feats, from launching a Cheryl Cole solo pop career to detoxifying Piers Morgan on both sides of the Atlantic. But not for Britney. No.
But Britney is different. She's more than some mid-tier popstar mouthing platitudes about "making that song your own". Unlike some, the Britney Soap Opera was always the least interesting part about her. The songs really are everything. Britney Spears isn't who she marries or what she does to her hair. She's not a load of tabloid front covers. She's '... Baby One More Time', 'Everytime', 'Gimme More' and 'Radar'.
Some tedious faux rivalry/love affair with Simon Cowell and boring fashion-off with Nicole Scherzinger will make her richer. Heck, it may even make her happier! But it won't do her work any favours. If we're ever going to get another masterpiece like Blackout from Britney, it won't be off the back of The X Factor USA.
Why Britney should do The X Factor USA [RC]
As much as we hate to admit it, Britney's star is fading. The idea of her becoming a judge on The X Factor USA is not one we've come to accept easily, but as things stand, it's necessary.
Her reluctance to promote her music worldwide anymore - bar the occasional PR-friendly interview - has meant she's lost touch with the general public. Putting her on the panel of a (relatively) unscripted primetime show will help her connect with a wider audience again and shake off the perception that she has become a zombie at the hands of her conservators.
While Britney continues to make brilliant pop music, sales of her latest album Femme Fatale have dipped considerably from 2008's Circus; in part due to the landscape being dominated by female singers. A weekly spot on The X Factor would
Thanks to Twitter, we don't live in an age anymore where popstars are untouchable. And despite messaging her fans on the daily, Britney has managed to retain her enigma by refusing to engage with questions about her private life. There's no reason why a seat on the show's panel should change that. It's bound to throw up a few unwanted headlines in the papers, but it's nothing she hasn't brushed off in the past with ease.
What's more, the prospect of Britney Spears on our TV every week is enough to keep us glued to our screens alone. She has it - that thing Simon Cowell calls the X factor - and if anyone has an eye for spotting it, it's Britney.
Should Britney Spears join The X Factor USA judging panel? Let us know what you think in the comment box below.