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Out Magazine feature on Alex Beecroft and Erastes published on August 18: http://out.com/detail.asp?id=27242
Gawker article published on August 18: Why Are Straight Women So Obsessed with Gay Sex?
Lambda Literary oped by Lizzy Shramko published on August 18: Can M/M Romance Challenge the Definition of LGBT Lit?
Lambda Literary opinion piece in response to the oped above by Victoria Brownworth published on August 19: The Fetishizing of Queer Sexuality. A Response.
Erastes' response to Gawker article
Spark in Darkness reaction to all this
Reviewer Mrs. Giggles weighs in
Article on Gay Nation
The list is not exhaustive but going through the comments and linked pages on the links I included should give the whole story.
