Naraku
Draconarius
I think that's the same as calling someone "queer" or "fag", which are derogatory terms that the homosexual community have somewhat defused by making them their own.That essay misses another meaning/connotation of the word. In the 60's and 70's I remember it used (including by me - to my shame) to accuse a male of being effeminate, not necessarily homosexual, but not sufficiently "male."
Today, the term is still used negatively, especially in hip-hop culture, where a phrase like "that gay, bro" is used to disparage anything, even when there is no sexual connotation. Both LGBT and Black activists are trying to end this, with only limited results.