I was never a fan of W.N., but did kinda like him for his seemingly easygoing attitude over the years. It's a real shame he so thoughtlessly offended his gay fans with this song. It saddens me because everybody looses; he looses a growing fan base (and gay fans tend to be a loyal and supportive bunch), and his gay fans loose him. Just goes to show ya how homophobia is a double edged sword and cuts both ways. 
And it is the gay fans that tend to have the most money. Sorry, but that is a stereotype that happens to be true much of the time. And not only that, but gay people tend to throw money at their icons. Just look at Bette Midler, Cher, Madonna, Janet Jackson, hell, even Kathy Griffin. They wouldn't be where they are today if it wasn't for their gay fans. We support our icons.
Trust me, he will be feeling the financial pain from this atrocious blunder of his...