Contrary to what the stereotype would be, it means "awesome/incredibly cool." The opposite of the Hilary Duff ad campaign. Instead of getting rid of saying "that's gay," let's just make it a good thing. Yay equality!
Whoa! That's Gaytastic man!
by NerdAlert965 January 14, 2011
Fantastically gay; homosexual in a flamboyant or otherwise excessive fashion.
That web site design is gaytastic. I mean, what's with all the animated GIFs?
by DopefishJustin November 29, 2003
The word for those who are sick of hearing the word gay being used in a negative way.
These biscuits are gaytastic!!!
by Yan-cha October 7, 2009
(adj.) conceived or appearing as if conceived by an unrestrained homosexuality.
Those are gaytastic clothes.
by Kevin Cook February 19, 2003
So, how was that chick flick you guys watched last night?
Oh, it was gaytastic.
by Jordin from Lockport December 3, 2007
(adj) when someone says something so corny, that it is considered entertaining despite its rediculous nature.
Darla: 'he used the line "hey babe are you tired? Because you have been running through my mind"...'

Brenda: "thats gaytastical that he had the guts to say that to you!"
by latinlover302 September 18, 2011
What you would call something that is "extremely" gay
OMG, That was Ginormously Gaytastic!
by BillyBobJoJohnson February 8, 2003