Gayfax. Coupling of the words "Gay" and "Facts" to describe something that both carries the weight of truth, and is fucked beyond measure. (See Trufax)
Bill: "So yeah, I got B.S.O.D. the other day when I tried to play Battlefield 2.."
"Man that gayfag was good"
"i like a gayfag after sex"
"gayfag's are illegal in public places"
"ide like the non-gay fag section please"
"can i get some zig zag's, you mean gayfags?"