My man said he wants to let things chill out for now, should I go with the flow, see what happens, or move on?

Someone he fooled around with won't stop sweating his nuts, in the mean while one of his childhood friends reappeared and wants him or something like that. See, this guy is old-fashioned and knows how to treat a woman. I spoke with him yesterday and he said he wants to let things chill out because he's tired of hearing this female (the one sweating his nuts) say she has proof (pics/stuff) that my ex and I are still together. That definitely is bullsh*t, but she just keeps running her mouth. I asked him if it meant he just wanted to be friends and he said to take it how I want to take it. I'd like to think we could get together once this girl gives up the drama. Then again with this childhood friend back around, I don't know if he's going to take up the same interest in me. This guy has enough going on in his life and doesn't need drama. This is the reason Im willing 2 let things chill, I don't want to cause him anymore stress than he already has. I like him and want "us" to work out...