My parents have their own blacklist of sorts, ranging from people like Nestle (for the marketing of their baby formula in developing nations) to Exxon (for their response to the Exxon Valdez oil spill) to countless others. Obviously, Nestle is still around and Exxon is making more money than ever, but the principle remains. Do not contribute to the wealth of people who actively work against your ethics or interests. Those people on the so-called "blacklists" created by supporters of gay marriage rights actively worked against the rights and interests of gay rights activists; and those activists have the right - since the information is public knowledge (and especially since the Yes on Prop 8 tried to use the same list to garner donations from companies who had contributed to No on 8 campaigns by threatening to reveal them as proponents of gay marriage) - to both not contribute to those companies and people. And they should have the right to alert the rest of the community as well, so that those supportive of gay rights but not active in the movement can decide what to do with their dollars as well. And those who were anti-gay rights may find a new place to grant patronage.
And then there is the opposition, both those who appeared on the list and those supporters who are uncomfortable with the tactics:
I have several issues with the video. One, for Chris Li (or Lee; CBS isn't sure about the spelling either): you're wrong. When you say, "This sort of blacklist should only appear in communist countries, should not be found in the United States", you demonstrate a fundamental misunderstanding about both what this blacklist is and what the United States stands for. If the government were perpetuating this blacklist effort, or pressuring others to blacklist those supporters of Yes on 8 (as it did during McCarthyism), you would be wholly correct; that would be behavior wholly unbecoming of a democratic republic. But this blacklist is being perpetuated by individual organizations not affiliated with the government of the United States; those groups are very much within their own Constitutional rights to call your ass out on what they see as homophobic and bigoted donations. That's how a free society operates. Those on the side that gay marriage should be legal can decide to not redistribute their wealth to those who feel otherwise.
Another point of interest is this idea of 'Free Speech'. It is really the crux of Chris Li (or Lee)'s argument, and it was the prominent idea on the signs being waved by the demonstrators in Sacramento in support of Scott Eckern. There seems to be this strange and adolescent idea that free speech should really be free, and without consequence. That one should be able to say and do anything without feeling the burdens of their actions. And that is wholly incorrect. A person can say whatever they like, within reason. But that same person must also take responsibility for what they have said; they must own it. Free speech is never truly free; what I write here could negatively impact my life, just as what I write here could (and I feel has) positively impacted my life. If someone I would want to be friends with reads something here that is controversial or that they disagree with, they are fully within their rights to limit their contact with me. So too do those people organizing this boycott have the right to not shop in those stores or hire that engineer or go to that theater. That is how the whole thing works. We have to have courage of our convictions when we begin making public statements, whether through money or through dialogue. I donate money to the ACLU. I donate money to Emily's List and Planned Parenthood and Heifer International, and countless others. That is my freedom of speech at work, every time I donate a dollar to an organization. And if I lived in California (and worked in a service industry) and a pro-lifer didn't want to buy the merchandise I was selling, that is their right and their expression of free speech. It goes both ways, and we can't expect to be only positively impacted by our actions. It is cowardly to think so, and it is remarkably self-involved to believe it - or believe that one should be immune from the consequences of one's decisions.

