A situation/environment/science or event that while being great and Ace, also has a number of underlying issues that still plague it's usefulness in the world, making it gay
(Not in the homosexual meaning, but in the playground adoption)
Jenny: I had another anthrax jab today
Tony: Well at least you won't get Anthrax, that's Ace!
Jenny: Actually you need to have four of them, and one every year.
Tony: Oh, that's a bit gay!
Jenny: And after all of that there is still a risk of getting Anthrax
Tony: That's Gayce!
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