Pertaining to something that is both homosexual and a bundle of sticks/a cigarette. Usually used in a humorous context.
Paul: "Hey Joey, whats your next class?"
Joey: "Pfft, advanced gayfaggotry. :/"
Paul: "Aww that sucks man, good luck with that shit."
Joey: "Thank you my good man."
1) a homosexual male who prefers sex with women; 2) an indirect, and rather confusing, way of referring to a man as straight; 3) When uttered in front of others, an effective way of publicly declaring that one is a complete idiot with a woefully limited vocabulary.
I guess I'm not so good at homosexuality, I keep having sex with women, I'm just a fuck-up, a real gay faggot.
He just called that guy a "gay faggot," he must be a complete idiot who never adequately mastered the English language.