A place where ignorant forum-posters wind up; more specifically, the act of making such a fool of oneself on a message board/forum, where you are laughed at to such a degree by the community as a whole that you banish yourself out of embarassment, sometimes attempting to remove any evidence that you had posted anything at all (if possible). This includes deleting written posts and uploaded files, as well as changing one's username, or simply never returning to the site.
After Noobposter19 was slammed on by everyone on the board who actually knew what they were talking about, all of his posts magically disappeared the next day and nobody has heard from him since. I guess he was banished to LOLblivion.
A term which combines "LOL" (laughing out loud) with "Oblivion", referring to the video game by Bethesda Studios in 2006. The term means to critically laugh at this video game for being a symbol of the new generation of gaming which has had progressively easier games, being an unpredicted and shocking trend. Oblivion, being the fourth game of the Elder Scrolls series, has become the shallowest and easiest by contrast and thus becoming iconic of this trend, hence "LOLblivion".
The video game 'Elder Scrolls 2: Daggerfalll' is one of the largest game universes in history, with a fabulously rich and involved character creation. Even finding a simple store took time, skill and deduction. 'Elder Scrolls 4: Oblivion' is a tiny fraction in geographic size, more narrow in equipment, smaller in scope and quests, lacking vast amounts of dynamics, and yet is far more popular, played, and loved. Oblivion? More like LOLblivion.