2. (Verb) When two men in suits of armor have homo-sexual intercourse.
3. (Adjective) When someone is SUPER DUPER REALLY UBER GAY.
2. We performed great Fagalot throughout the night prior to this day!
3. Dude, you are being so Fagalot.
guy2: omg he has been high fiving everyone for days
guy1: we better call fagalot