While typically intended as term to mean "happy" and more modernly to mean homosexual, the new wave of the future is to erase all connotation of sexual orientation from the word and reserve it to meaning something idiotic, annoying, douche-baggy, etc.
Words develop over time as has this word and our generation has reached a point, where unintentionally, most of the general public are perceived as homophobic due to the new meaning of the word
"Rick Perry is so gay, his campaign against serving openly in the American Forces is extremelyhomophobic and hateful"
mario was so gay with chance last nite and mr. lafreneiere got so pissed he shot them both in the dickand then snapped theyre necks... the fucked them both