I like it....... I watch/read it. It's become one of my favourite genres in anime/manga. However I watch it because I am a shounen-ai freak. ^^
I am even starting to get into Yaoi too (the heavier stuff)
To tell the truth also, I never used to like it.
Way back when, when I was a Anime newbie, the throught of it kind of distrubed me, so I never looked into it.
But after reading Clamp manga, who very very subtly put shounen-ai into alot of their work, I started liking it.
Gravitation and Yami no Matsuei are the two series that really set me off so to speak ^^
And now I'm a shounen-ai fangirl embraking into the dark and scary world of Yaoi
I see nothing wrong with it, it's really nothing more than female fantasty and it's mostly harmless. Most of the people who won't like it are usually men or people who don't like the idea of it.