A Cunt Fagot carries every connotation of a fagot except homosexual. In a man a Cunt Fagot indicates a person who thinks they are superior because of their artsy taste in obscure music, movies, books etc... In a woman it attaches the same associations except the connection between an actual homosexual is even more detached. A Cunt Fagot is significantly more concerned with whether you are aware of their bizarre taste in obscure media than whether or not they actually enjoy said media.
Kanye West is a "Cunt Fagot".
That "Cunt Fagot" just tried to sell Boards of Canada to me.
That "Cunt Fagot" with the wolf on his shirt only likes Lil Wayne because its ironic.