It definitly depends on the person. Some of my homosexual aquaintances do get offended by it, some dont. And it does depend on whose using it. I call my friends all sorts of names I would never call a stranger, lest I hurt their feelings. Things are different between friends, but I can only imagine what someone scrolling through these boards think when they see such things.

It entirely depends on the people, and because this is a message board and many different people with many different points of view read it, it becomes something of a different matter.