A term given to the soft type of thermal material. This material or design closely resembles a typical breakfast waffle. These shirts, for example, are also known as waffle-knit or waffle-weave thermals. The word waffle is changed to waffly-waffs in order to make it seem more cozy.
Felicia: What kind of shirt are you going to wear today?
Anthony: I think I might wear my waffly-waffs.
Anthony: I think I might wear my waffly-waffs.
by Freddie Morello April 23, 2008