Uber-gay. So gay your testosteronelevel drops just looking at it. Note that this phrase can be used to describe anything, either human or object, that is very gay-looking.
Person 1: So, what do you think of my new shirt?
Person 2: Nice colours. It's gayer than a bag of penises, dude.
Person A: Have you met the new guy? What's he like.
Person B: Pretty fruity, mate. He's gayer than a bag of penises.
"At least I'm not rubbing penises all over myself."
(Introspective)
"At least YOU'RE....."
(Outrospective)
-Phrase meaning "It could always be worse..." or "I could be doing worse things right now."
Examples of At least I'm not rubbing penises all over myself.
A) Reassuring; In a bad situation used to remind another that "it could be worse." (Ex: "I know your life is chaotic right now, and you're full of inner pain....But at least you're not rubbing penises all over yourself.)
B) Optimistic; Use to reassure oneself that "It's not that bad." {Ex: "Even though I have no money, no job, no car, no girl...at least I'm not rubbing penises all over myself.")
C) Derogatory; Used to insinuate homosexuality in a straight friend. (Ex: "I may be having sex with a fat chick...BUT at least IM not rubbing PENISES ALL OVER MYSELF...GARY!")