I have no problem describing myself thus. In fact I might even say that I really, really enjoy using the word.
You could agree, acknowledging that not only does it reclaim the erstwhile insult, it connects me with my kind.
Though, probably, you don't. I offended my best friend by calling him a fag, starting a year+ of stand-offish situations.
I agree that some would say it's an insult and that insults translate into real problems for homosexuals.
"Dyke". Powerful scary and other. Not a nice girl, though nice girls may often want them...
But might it have a favourable ring?
Playing with gender, femininity, linking those tagged with the masculine view of lesbianism, for some a proud badge?
Can it ever be used in a positive way?
Some gals love the aspect of gender bender that dyke implies, being not overly butch and a connection with broader lesbian community.
Whatever, we're not really solid us fags and them dykes. Why, see even on this blog I'm derogatory. Reference, those ladies who munch.