'You're a Palazzo' has two meanings.
1. When a
person believes everything on TV and the internet to be true, no matter how far off the planet it may seem.
2. When a person or persons are flamboyantly
gay, and very
drag queenish.
1. "I think i might fly to the
moon for the weekend and enjoy a Wild Turkey". Said Tom.
"Bummer, i have ballet this weekend, can we go next weekend?" Said
Jerry.
Tom Replies, "Mate, you're such a Palazzo".
2. Doing cartwheels and strutting around
Priscilla Queen of the Desert style in the lounge room because you cant contain your excitement for "The Voice" all the while screaming out "I will survive" and doing high kicks in stilettos.