[lclarkmichalek]

It's a good word for it. It has an established meaning, it is universally understood, etc etc. The fundamental use of language is to communicate, and I don't really think homophobia fails in this respect. There are plenty of non-"good" words for other things in the English language that get used very often without people quoting them or complaining about their use.

[theknown99]

If you went around capturing and torturing spiders, would you be called an arachnophobe?

It's just a bit silly. Yes, words get misused all the time, and English is imperfect, but this one just seems ridiculous to me.