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1.
Expresses the enjoyment of some particular occurrence, item, person, etc.

The two towels are used to soak up the ejaculate of the person doing the enjoying. (This is a figurative ejaculate and not a literal one, but it works either way) 1 Towel would usually be enough, but the extreme pleasure necessitates the use of 2 towels instead of 1.

Originated from an episode of "Drawn Together."
I can't believe Iron Maiden is performing tomorrow! I am going to need two towels!
by The Count of Comics August 04, 2009
 
2.
a guy who uses two towels, one for his tits and one for bottom half.
Randy is the twotowels of this world.
by gangster November 14, 2003
 
3.
wearing two towels while living the bath room after a shower. One for your small package and the other for your large man tits.
Randy is a two towel he has big man tits
by big mike November 14, 2003