The explorer who spent his whole life searching for the Fountain of Pwn
, which would make anyone who drank from it a 1337 pwnz0r
Today, the term is used to describe any n00b
who gets continually pwned at something and never improves, yet keeps coming back for more.
Guy 1: "Crap! I've been playing Halo for 4 years now and I've never won a game of capture the flag."
Guy 2: "Give it up, Pwnce de Leon."