Commonly used phrase for Dementia pugilistica - a neurological disorder which may affect boxers and wrestlers who receive multiple dizzying blows to the head.
A phrase sometimes used to explain dazed behavior.
Generally leads to saying things one would not say when punchdrunk, strange behavior, and general amusement by those around the individual.
Other dude: Dayum. *laughs hysterically*
yesth assthole it wasth me.