A homophobic rapper
Unaware of the graphic nature of phallic symbols
Tragically ironic (suckin' off each others gats and pistols)
Phallic symbols means imagery that’s related to dicks. He’s basically saying that guns are a way to compensate for a perceived lack of manhood.
But more specifically, he’s making reference to the fact that most gun-toting/mic-toting homophobic rappers are unaware or unwilling to admit that their guns/mics are stand-ins for their dicks (or lack thereof). And when these rappers swap mics, the tragic, ironic, homoerotic image they unwittingly present is that of two gay-haters fellating each other. Gulp!
To help improve the meaning of these lyrics, visit "Gunz Yo" by Sage Francis Lyrics and leave a comment on the lyrics box