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1.
1) To be in a dream state
2) To be 'out of it'
3) To be semi-conscious / unconscious
4) To be angered or shocked by something
5) To be under the influence of alcohol or other drug or art
"Man, I smoked like seven cones last night, I was phazed like a *"

"Man, don't call my Momma a slut, you trying to phaze me?"

"Man, my english lecture was so boring. The lecturor told me to wake up, I was completely phazed."
by r. May 12, 2004
 
2.
The state of mind in which a person is when they are in complete amazement.(eyes become big, and speechless) Generally people "whos shits too weak" are always in this state.
My tactics in bed completely Phazed you.
by Mr. Herbie Handcock December 04, 2007