what does the syaing "Its so gay" mean

[ChadCoxRox]

My teen daughter explained that the reason for the shift in this saying is to promote the need for less social focus on and increased tolerance of same sex relations in shifting the connotation of the use of the word gay in the expression toward the very connotation it was actually begun for. She says "It's hyperbole Dad, it works for us young people so you'll just have to deal with it as you are getting older. Sorry."

My reply was, "What a smart assed chip off the OLD block!"