Written by a Canadian who uses the online name Nekosmuse, this blog "Decodes the Subtext," of Canon and most adaptations. 

As Nekosmuse herself says, she was writing about Holmes and Watson as a couple back when suggesting that Holmes was gay got you "blacklisted," from Sherlockain societies:

http://www.nekosmuse.com/withlovesh/

(Incidentially, before the BBC-series, the word "Sherlockian" used to mean a fan of Sherlock Holmes in general, in the U.S., while Holmesian was one from the UK.)