One of the loveliest thing things about having an out gay member of ABOFL was that it never felt like a joke when sketches ended with the two of them kissing or falling in love. It was a joke, obviously, it was all jokes, but the idea of two men or two women kissing wasn't the punchline.
This one isn't a strictly Fry-and-Laurie entry; it's from the 1982 Cambridge Footlights Revue, but it has Emma Thompson and Stephen Fry trying to out-U one another, and that is a rare gift and a shining jewel.
"My darling, you're looking pale."
"I am pale."
"Oh, my darling, don't say that, don't even think it."
"Who thinks it's got any relevance at all?...No one. Okay. Right. So. So we think it's irrelevant, do we?...Ah. Interesting! So we don't think it's relevant...but we don't think it's irrelevant, either? It's in the middle, sort of a gray area. Interesting...Right, so no one agrees with me, but did anyone find that helpful at all?"