It looks best on a third, lazy eye with an 8ball contact in it and saturated with crusty eye boogers.
Unless you're rolling with the goth homies, I don't think it's a good look for a guy. I'm not sure if there's a specific side that you get pierced which denotes homosexuality(like an earring in the right ear only), but just to be on the safe side I'd leave the eyebrows unpierced. If you've got the need to pierce something other than your ears, put a straight barbell through the bridge of your nose and walk around looking pissed all the time.