Taking into consideration the two links to summaries of studies from Tatyana earlier -
http://www.newscientist.com/article...tructured-like-those-of-the-opposite-sex.html
and
http://www.sciencedaily.com/releases/2008/06/080617151845.htm
- where it seems gay men have brains similar to straight females, and lesbians have brains similar to straight men.
Plus the fact that animals like the clown fish can switch sex if and when needed.
Transgenders, hermaphrodites...
Plus the fact that humans can undergo natural sex change under certain conditions - from Wikipedia:
Several medical conditions can result in a natural sex change in humans, where the appearance at birth is somewhat, mostly, or completely of one sex, but changes over the course of a lifetime to being somewhat, mostly or completely of the other sex. The overwhelming majority of such changes are from a female appearance at birth to a male appearance after puberty, due to either 5-alpha-reductase deficiency (5alpha-RD-2) or 17-beta-hydroxysteroid dehydrogenase deficiency (17beta-HSD-3).[2][3] A relative handful of male to female changes have been reported, and the etiologies of these are not well understood.
And now for my late night
crappy hypothetical conclusions! Err, this may be very bad, just a friendly warning...
We could conclude that sex is a continuum. What we call homosexuality still seems to be a pairing of female with male (if the studies in the top two links are right), albeit in the brain. So really, homosexuality and it's evolutionary success or failure is not an important point here, since it's not homosexuality that would be selected for, but successful levels of maleness and femaleness. Which isn't necessarily static even during one individuals lifetime, and so can't go extinct.
If homosexuals (gay men in this example) are really just womanly men with womanly brains (if we follow the info from the studies), then homosexuality would only actually occur if manly men with male brains fell in love with and wanted to buy furniture with other manly men with male brains. Or any two individuals on the exact same spot on the continuum, actually. The studies didn't compare couples did it?
As it stands now, (in light of all of the above) it looks like homosexuality maybe doesn't exist, unless we stick to the common social definition of sex which is "if it dangles, he's a man, if it don't, she's your gal" which ignores the internal physiology and possibility of a sex continuum completely.
Ooo homosexual wooo...

hmm it's very late, and I'm very sleep deprived but I think it kinda makes sense if you ignore my lame jokes. Hopefully it still will in the morning. Of course if those two studies are crap, or I have misinterpreted them horribly (entirely possible), or have forgotten something else very important (also entirely possible) then my whole post is pointless

and I apologize.