A very descriptive term for a flamboyant homosexual. It is basically a cross between the terms "flamer", and "lamesauce", thus it describes an individual as both a flamer, and lame.
Christy: Hey, how that blind date with that guy go?
Symone: Oh. He turned out to be a big bowl of flamesauce....
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Sort of an internet cockney synonym for lamesauce. E.g., something that is very lame. Nothing to do with flames. It just rhymes, yo.
A: My computer crashed and I lost all of my music collection.
B: Flamesauce.
A: What?
B: I mean lamesauce.