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1.
A person from Caltra (W. Ireland) who due to their thick accent and ill education find it difficult to pronounce the word Penguin.
Doug: Hey Dan who was your favourite Batman villain

Dan: Weaagh!! The Pengwing!!!
by Harpy's Tears March 16, 2007
 
2.
term used to describe flightless aquatic birds from the south pole in MMORPG such as world of warcraft. it has a cute connotation.
nightelf: awww your pet pengwing is so cute! where'd u get him?

dwarf: he wuz 500g at the AH!!!
by blueturnip November 07, 2008