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1.
1) To really get deeply involved something (A video game, book, movie, etc. Not a situation or relationship etc.)

2) The act of fishing with a empty cannister of vasaline
1. "Geez, look at John, He's really getting Klunched!"

2. "Hey Jane, do you want to go Klunch for catfish?"
by Mithos Cordelan October 01, 2007