Nah! Pee Wee Herman is a short, skinny, ugly guy. Herman is also gay. Taylor may not be genuinely handsome, but he's not ugly either. In addition, there's nothing to indicate he's gay.
I'm convinced his odd, awkward, stiff body movements are due either to a mild case of Tourette's syndrome or something comparable.
Wonder if Taylor's body movements are a carry-over from his Easter Bunny days. They seemed oddly appropriate when he was wearing the bunny suit on that episode. 'course, it could be the other way around and his strange movements may have gotten him the bunny gig.