A) A video game character circa 1999-2004 who goes through many changes between his 2 video games, Through these games he can dodge bullets because of something called bullet time, to put it his way "When your staring down the barrel of a gun time seems to slow down"
B)slang for an outrageous killing of someone
A) Oh, shit its Max Payne, we're all going to die....
B) DUDE! He just Max Payne'd him with akimbo berettas!