I have a few ideas for good gay movies.
My favorite is called "Undertow" in English. (Contracorriente in Spanish). It's from Peru and is truly an unforgettable movie.
http://www.youtube.com/watch?v=gm1-tDY-esU
I just saw The Way He Looks (from Brazil). It won the audience award at the GLBT film festival this summer in SF. It was amazing. Sweet, realistic, not overblown, and thought provoking.
http://www.youtube.com/watch?v=jBsJ63fo7q4
I also really liked Shelter for the same reasons.
http://www.youtube.com/watch?v=HFw5oUmlYtA
I think that for the most part, Hollywood movies get made by group and consensus and tend to be, well, pretty crappy. Technically well made, but false, facile, and totally not interesting.
Of course, some other Hollywood movies with gay themes that I did like were My Beautiful Launderette and Maurice. My two cents
Kevin