/r/GayNSFW is a place where you can post 'anything gay-themed that you wouldn't be able to view at work'. Put simply, this is where you're going to see bare asses, bareback fucking and barely legal boys sucking on the cocks of rugged, horny daddies that can't wait to punish the twinks put in front of them.
The subreddit currently has just shy of 14,000 readers and very few rules. The only requirements are that the content cannot be blog spam, there are no direct advertisements allowed and anything that leads to malware is going to get you banned. Pretty standard stuff and I think it maintains the integrity of the community by keeping things clean, simple and not for a profit.
In terms of an update schedule, you're going to be getting around three posts on a daily basis. Note that because everything here is user-submitted, it could turn around tomorrow and have no action at all. Still, I guess if you're that down for NSFW gay material, you can submit your own. Have fun!