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Futa is interesting, however there IS gay in it the following cases:
Futa on Guy
Guy on cross dresser(This is just put in there. Why is this not in Yaoi.)
"Cunt Boy", which is just a pathetic cry for attention by the gay community.
In short, if it doesn't have boobs and it's getting humped in the ass, it's gay. Yes, pegging means you're gay, you just don't want to admit it.