A term used to discribe a mix of three factors in the fileshare community. It is a mix of your share, your bandwidth and the hardware on which your share is located. The higher the numbers the larger your e-penis.
"I Have 600GB on my Alienware and am connected to a T3. My e-penis is huge"
"I share 2GB on my 10 year old HP and am still on dialup. Any one got a tweezers for my e-penis?"