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Has the possibility to literally mean crimping wheaties. Though it probably doesn't actually mean that. The origins of the word are very mysterious, but it probably originated somewhere in Falmouth.
Guy1: Guess what? I'm getting sucked in my plane!

Guy2: Your crimpin' wheaties Tim.

Guy1: Oh my god, I am not Crimping Wheaties!
by Rigon March 04, 2010