The good thing is that it propelled the conversation about LGBT rights in the Philippines. Most people there will more than likely side with Pacquiao but it at least shows them that the world is moving forward and there are consequences on your bigotry. Some of the more prominent LGBT entertainers (and there are a few powerful ones) have been using their positions quite effectively.
It's also interesting to watch my family react to it. All of them are big fans of him but they also think he is an idiot and definitely have diminished their opinions of him.
If he wins a senate seat, I won't mind it if the larger LGBT community (who has very lucrative tourism dollars) boycotts the Philippines because of it. Hell, I'll probably join them too.