1 definition by PeanutBetter

Rolling on Floor Laughing.. Waffle rhymes with ROFL-- which is pronounced like waffle, but with an R..
So Lord_Kaito called PeanutBetter- PenisButter, and The_Fallen on Solixa chat services said roflwaffle! roflwaffle! and laughed his ass off.
by PeanutBetter August 18, 2005
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