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1.
An Ice-Cream company that makes Ice-Cream novelties.
Sometimes I go by one of those Blue-bunny vending machines while in cheesy fast-food restaurants.
by E. Man September 02, 2006
 
2.
An object, and/or animal that is known to have sexual attributes.
The Blue-bunny was cought in the arms of that fairly large man.
by Jason September 27, 2003