-As a person: someone who is odd, lame, possible gay (but not necessarily homosexual: see queer or fag)
-As an event/place: Something lame, boring, or cheesy/corny.
-As a thing: Something considered lame, odd, relating to homosexuals, cheesy/corny
"I'm not so sure about John. All he does is read those sausagy role-playing fantasy books."
"Did you ever go to 4-H camp as a kid? Man those cheery counselors were way sausagy!"