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1.
Possibly the worst band ever.
Tom:Hey Erick did you go to the Acid eye show?

Erick. Yeah They're trying to be like the sex pistols. They're nothing close
by Decimated July 29, 2009
 
2.
The phenomenon when someones eyes resemble the image of a face seen while on acid. Specifically eyes that are larger than the face and seem odd.
Did you see Jeremy's face, he totally has acid eyes
by Toast Fiesta August 23, 2010