For this thread, I would like to know your 10 reasons why it is good and 5 reason why it's bad for you to be any of gay, lesbian, bisexual, or transsexual. For example, here's mine:
4. Being truly ourselves.
7. Reduce the fag bashing (didn't we notice that only when we come out?)
8. When we are truly open, it's more easier to find someone who we really look for.
9. To show the world that we deserve to be alive, deserve to not be beated up, deserve to have a beautiful life.
10. More happier relationship.
Very true. Each couple deserve to have a better life, same thing with all kind of sexual otientian (er, sorry, i can't spell it lol). 
The bad things:
1. Might experience the harrassment, ignorant, discrimination, violence, etc.
2. Some of the religions community might won't accept us.
3. Some of GLBT folks probably only use us for sex.
4. Possible shame on our feelings.
5. Maybe some of lesbians, bisexuals, or even transsexuals folk might dislike gay guys.