Yes, it is extremely unfair, and something should be done about it. Especially the use of 'gay' as a euphamism for 'bad' (i.e. 'gamecube is gay it has crappy grfx + teh gamz r crap 2'). People throw the word around, without even considering what they are saying.
I think its being political correct to say for a instance a person says "oh thats gay" people are like ''oh watch it now there! you might be offending some homos!" when really a word can have multiple meanings in today's society. Like when a dude goes "sup dawg!" that doesnt mean the dude is a dog, but a man. :mog: