A word I came accross on a heavy metal form. It combines the feeling of 'Atrocious' with the sentiments of the one behind the behaviour being a Faggot.
Something close to fagmuffin meaning you a quite the fag. Also there are words like fergielicious and ghettolicious and delicious that have nothing to do with faggalicious.
(fag•o•licious) adjective ~Found to be exceedingly appealing by gay people, a cross between delicious, fag, and fabulous. Most often used to describe an attractive guy.