I don't think Mike ended up a homo but, I can see why you'd come to that conclusion.
Mike became the new Omar. Probably worse than Omar because by 15/16, Mike was already a hardened killer that was trained by a group of sociopaths.
Dukey became the next Bubbles. Sucks to be him.
Namond went off to college. The nikkas that don't deserve it always make it out. He becomes the new Clay Davis. Some downtown cat with a big corner office. "I'll take any nikka's money if he's giving it away". It would be interesting to see Namond and Mike meet when they were 25.
Randy.....I think Randy becomes the new Prop Joe. Kid was a born hustler, like his uncle. Cheese was Randy's dad if you didn't know. Randy was soft but, after staying at the group home, he'd been hard enough to put his business acumen to use out there. I can see him easily as the next kingpin.
Bug....I can see Bug becoming somebody like Carver or Bunk. Good guy. Good job. Nothing like his brother.
Kenard......is a demon. Spawn of satan. He becomes the new Marlo. A rival kingpin to Randy 10 years in the future.