n. or adj. An amalgam of faux and goth, used to describe the latest generation of youngsters who identify themselves and certain bands as gothic, even though they are really nothing of the sort according to the oldschool sensibilities of the subculture, which has been co-opted by commercialism and completely bastardized.
other pertinent terms and examples: goff, goffic, emo, being 'scene', Hot Topic, mall punk, My Chemical Romance, The Used
I was in the mall today and couldn't help but notice the gauxth kiddies swarming all over Hot Topic. They were all born sometime after 1984 and have never heard of Bauhaus.