Referring to an instance of complete and utter humiliation.
Supp def. Getting wasted beyond the point of rational thought.
Other Bro: Faced!
Masta J Hotness: Yeah but you fuck cats you sicko, ooh faced!
Masta J Hotness: Scratch moded.
derek: "ohhh dude, i am totally f'n faced right now!"
paul: "yea? intense?"
derek: "yeah bro, the walls are breathing!"
you have just been 'Faced'.
Not to be confused by 'Spaced' which is the act of being hit on while using the internet, by teenagers claiming to be 21.