Big deal. Gays call themselves, and each other, fairies and fag/faggot all the time. Just like blacks call each other "the N word" all the time. Saying it's ok for them to say those things and forbidding other from saying it means the words mean nothing more than an attempt to control what others say.
What politics from both sides wants to teach us is that things are never complex. If you have your little package and something doesn't fit into that package, You don't know what to make of it so you want to dismiss it or then you will have to do the work of reconsidering your assumptions. - Michael Malice