First, how is it seen in your country/state, and second, what do you personally think about this.
I live in France, and in the place I live in, it's kinda accepted. I mean, you'll always find some people looking bad at you, specially the elderly persons and some youg stupid guys annoying two girls (of course) together. One day I was in the metro station, and two girls were holding their hands, without doing anything "annoying" or "disgusting" (sometimes I see some heterosexual kissing and touching each other I just feel I want to vomit), and a group of youngs guys went to them saying that men were essential in girls' life and they could help them love guys (you know what I mean...). The poor girls had to leave the metro since they became more and more insistent.
Ps : excuse my poor english, this is not my first language.
