Yes, as much as I was offended by the blatent homophobia, I didn't regret not getting offered a job. As you say, why would I want to work there?
Some employers take it seriously. Many don't. I've worked for both kinds. It's amazing what people can get away with for years and years in some places. Just look at all the scandals coming to light in Hollywood after Harvey Weinstein.
And there are still people who blame the victim. Some may think things are improving but I'm not so sure.