2. Used by closet homosexuals in an attempt to smooth out the word 'faggot' and give it a softer french/italian/spanish sound, with a rolled G similar to the J in french, and a silent T.
2. "Let's round up the crew, get some lattes and head out to the faget bar, where we can score -- I mean, I'm not gay and have no idea what faget means!"
(assumes the target isn't legitimately homosexual)
"that's cuz it's spelled faggot"