1. A combination of the words "weapon" and "pwn," most suitably pertaining to video games of the First-Person Shooter genre. (Is also popular with MMOs.)
2. The name of a professional Call of Duty team: "WeaPwN."
Player 1: "Choose a gun to spawn with"
Player 2: "your mom is my only weapwn"
Alternate to weapon, primarily used in relation to online gaming.
Rocket Launcher OMFG weapwn of mass destruction!