I'm backing up Strangers on a Train, it's a fantastic movie, which really moves you, I was blown away when I saw it, and the development of the relationship between them is really good.
I haven't seen the original, but I loved "The Birdcage", so I should probably check up on the original?
Couldn't
Notes on a Scandal also count as a movie with an undercurrent of homoeroticism? I've only seen the trailer, I really want to see it, but seeing only the trailer makes me feel sad and uncomfortable, which usually means it's very good, but hits you hard..
I recently read a very well executed gay interest in an ongoing web-comic, it really hits you, the tenderness and tension between the boys..
http://www.schism.org/