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2.
The lolwaffe are the elite fighting force that use the power of laughter for win. Some say that they were responsible for the lolocaust. They are probably right.
"Who called the lolwaffe, this is a frickin lolocaust"
by Lolocauster March 31, 2009
 
1.
The German World War II predecessor to the ROFLcopter.
Sir, the anti-aircraft gunners are still cracking up over the last LOLwaffe attack!
by Fuzzy Bunny July 25, 2009