Extra-ordinarily long penis (in excess of 10 inches). A person who resorts to enlargement surgery to achieve such length is said to have a 'stretched' limoshlong.
person 1: "damn that's one long shlong"
person 2: "It's a limoshlong"

alternatively...

person 1: "Care to see my new stretched limoshlong?"
person 2: "no"
by John Holmes May 13, 2003

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