Fake Yiddish for a curious male who experiments with men. Not meant to be derogatory. It refers to males who has hooked up with males, but usually dates girls. Not completely gay, but perhaps a little bit.
"Did you hear about David last night?"
"Yeah he made out with Tali (Male name) last night."
"Yeah. He's a little Fagilah"
No.2: This is my Italian confidential secretary. Her name is Alotta, Alotta Fagina.
Austin Powers: Come again?
Alotta Fagina: Alotta Fagina.
Austin Powers: Ahh, I'm sorry, I'm just not getting it. It sounded like you said your name was 'a lot of'....uhhh, nevermind.