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a homosexual person or action that is so openly gay and disgusting, it's both gay and nasty.
Two guys kissing each other at the bar in public would be deemed fagnasty.

or used in context:

Joe: "You see that 300 lb fag wearing a thong over there holding hands with that other dude?"

Jeff: "Yeah that's totally fagnasty!"

Fagnasty can also be used as an insult for extra emphasis:

"Get the fuck out of my way you fagnasty faggot!"
fagnasty by JHop February 14, 2008
fagnasty-someone who is a fag and is really mean
Bubba Sink is fagnasty.
fagnasty by Brittany1104 December 30, 2008

Fagnastic 

a one-night chain of events that has you...

1) realizing you might be gay.
2) "receiving" some anal sex while thinking it might be great.
3) realizing that it sucks
4) realizing you are, indeed, not gay but have some gay dude's dick in your ass.
yo, what's with the limp and the long face?

i crossed over last night. it went from fagtastic to fagnastic in like .83 seconds.

ouch.

yup....
Fagnastic by stu in the zoo February 15, 2008

fugnasty 

a combination of the words 'fugly' and 'nasty'. describing anything or anyone gross, ugly or awkward.
ew, that chick is fugnasty!
fugnasty by alisonkate February 12, 2008

fagnastics 

(v) The mannerisms of a homosexual. IE way of walking, hand waving, lip smacking, eye rolling, hip twisting, method of clapping, celebrting, etc *could also refer to homesexual sexual positions*
He walks sexier than the woman he is with, obviously a gold medalist in fagnastics.
fagnastics by vell vell January 4, 2008

Fagnasties 

When a person of a homosexual orientation gives you the creeps or freaks you out, most often by making some kind of sexuual advance or flirtatious gesture thus making you feel uncomfortable.
R:Hey did you see that guy looking at my ass?
T:Yeah I did.........
R:He totally gave me the Fagnasties
Fagnasties by RVL November 29, 2007

Fag nasty 

Made up by a kid in school means really really gay
You a fag nasty because you kissed that boy an liked it fa sho. You got the fag nasties fagat
Fag nasty by Jordan Ashley February 11, 2006