Penalstache 

Pubic hair grown above the male genitalia that is groomed to form a specific design or appearance.

I shaved my penalstache because it made my dick itch.

Penalstache by Mr. Panda's Rim December 15, 2011

Pedastache 

NOUN; A thick mustache belonging to an individual who is either a pedaphile or looks like a pedaphile. This mustache is the only facial hair present on the individual. Sometimes mistaken for a "Pornstache."

That guy with the pedastache staring at those children is scaring me.

Pedastache by WM Kolston November 1, 2010