I prefer the word "queer" as an umbrella term for all "non-sexuality/gender-conforming individuals" - basically anyone who is not heterosexual or cisgendered. You can continue to further define it as necessary, but I think it's much more convenient then LGBTQIAWTFBBQ. But I can understand why some people would not agree with that usage, since the word has kind of a doubly negative connotation, in both older and modern English. Personally, I'm all for the reclaiming of "stolen" words, like the word "gay" itself.
@llibyor:
Actually the A is for Asexual.
it has documented use both ways, so it's really both.