"Wow, she's in a league of her own....but it's almost bar close and i'm empty handed so far....let's do these shots, than i'm gonna go talk to her."
Also occasionally used to describe a merely semi-attractive female porn actor commonly from homemade films. In this usage, "fugly" can be an abbreviation for either of "fuckable ugly" or "fappable ugly". A fugly is sometimes desired for a more realistic fapping when the fapper realizes that drop-dead gorgeous porn actors are way out of his reach, a thought that can sometimes be a complete bonerkill.
Post some fuglys. Give me a realistic fap. I don't want to fap to something I know I'll never be able to get.
Preferrably Motherless links.