Hi Nasek718 and welcome to the forums!
 
Thanks for the great question!  I get that question all the time via email and I am glad someone asked that in the forums!
 
Good News.  You can fly!  
 
I have worked with many students over the years that had type 2 diabetes and the only differance is that they need to get medicals every year and they need an A1C below 7.  
 
The only bad news is that exercise, diet and PERHAPS medication is required.  Since it takes 3 months to really get a good A1C reading you need to plan your next trip to the doctor.
 
Question: Have you gone and tried to get your aviation medical yet?  If not, don't go there first.  Work with your regular doctor first.  If you already went to the aviation medical doctor, that's ok but it just takes a little longer to get your medical AFTER you have been denied one.
 
Feel free to contact me privately if you wish.
 
Thanks for asking the question, this will help a great many future pilots!:)

I'm a type I diabetic and I was told last year that I could get my license if I had good control.  I just couldn't be hired to pilot anyone, I guess I could do it for free though.  I don't believe that I will ever be able to do anything commercially though. 

I'm an aviation attorney and I can tell you that the FAA has become much more lenient on this topic in recent years. Get a good AME and they can guide you through the process. If you have any trouble with Aeromedical at the FAA - the best idea is to subscribe to the AOPA Legal Service Plan and allow them to help you with the problem. You should be able to get your medical back as long as it is under control.

Best of luck.