Among the hysteria that has been caused by Indiana's religious liberty law there is sense to be made in all this. First thing, despite it's name, religion was not the purpose of the law. The purpose of the law was to reaffirm private property rights. The core was to return control to property owners to regulate their property the way they see fit. Unfortunately some turned this into an anti-gay/lesbian debate.
To start off I think organized religion is full of more bullshit than a politician and being a libertarian anarcho-capitalist I hate conservatives (both the Bill Kristol neoconservatives and Pat Buchanan paleoconseravtives) as much as I hate liberals. My support for this law is the agreement that one has the legal right to run their property. What the left seems to not get that is that if a a conservative christian refuses service to a gay person than the gay person can (and in my opinion should) take their money elsewhere. For one business that refuses service to someone for whatever reason there will always be another business who will be happy to give service to that person. That's the way the free market works. Another way to look at it, is if a business wants to refuse service to someone based on a trait of theirs why should that person give that business money? It's akin to asking someone to punch you in the face. If the left thinks that business owners shouldn't be allowed to refuse service to people then they should consider this:
Jewish businesses having to give service to Neo-Nazi's
Hispanic businesses having to give service to members of the Minutemen or Pat Buchanan supporters
Black businesses having to give service to KKK members
Muslims business having to give service to Conservative Christians and so on.
Under such government involvement these business owners can't legally refuse service to people that obviously don't like them without the threat of a potential lawsuit coming against them which could possibly put them out of business. With a real affirmation of property rights, these owners while could still face a lawsuit would have a much better chance of winning the case or getting it thrown out of court completely. A true free society allows the right to associate with who you wish and not fear government repercussion.