Are you offended personally or otherwise by phrases like 'no homo'?

I’ve now seen three people on Fluther say this and it astounds me that it considered acceptable. ‘No Homo’ and ‘That’s Gay’ are just as offensive to me as racial slurs. What’s the deal, why aren’t those removed? It seems like straight up homophobia and I don’t think hate speech is something the guidelines would cover. I’ve seen some racial slurs in the context of an intellectual debate, but when you’re just tacking on ‘no homo’ or ‘that’s gay’ it’s not relevant in any way.

Do you think it’s an overreaction for me to be upset when I see them? Should they be removed?