With regard to the term's offensiveness or lack thereof, i am less interested in the exact origins of the term's use within ECD than i am in the implications in pairing the term with that particular move. To be "gypped" is to be cheated, a term rooted in stereotypes of Romani people as untrustworthy, and the eyes are associated with gypsies in popular lore that ascribes a certain mystery or hypnotic power to the gypsy's gaze. While i am aware of both people who are offended by the term and people who take pride in it (hmm, how is that different from the N word? or fag?) i find the term itself less problematic than the web of association among the term, the eyes, mystery, hypnosis and criminality. 

Alternatives to "gypsy" have thus been on my radar for some time now. Most of the suggestions - orbit, vortex, yada yada - are dismissible, which leads me to a very simple suggestion. 

While flirtation isn't necessary to the move, eye contact is kind of the point of it. I had forgotten to explicitly teach the move at a recent gig with a number of beginners and just decided to prompt "eyes." It was magic. While i haven't yet pressed this into service: "Take eyes with your [partner/neighbor] and, without hands, turn by the [R/L]." As a prompt, "eyes" has so much more sense and grace to it than any other term that's been suggested. 

Associated moves (gypsy chase, gypsy star, etc) are another bridge to cross. Personally, i would feel comfortable removing the term from my calling as the name of that particular move without feeling a need to eschew or sanitize dances with the term in the title. I mean, Amy Asked for Eyes is a little awkward ;)