A person who is very inebriated and may act like a dooch or a bull-dyke. The creative aspect of the word is that it allows you to modify it depending on the severity of drunkness.
Dammmnnn, that bitch is soaked
Yo dude! You are soaking wet, you need a towel.
Freakin sponge dripping all over the place.(Used for excessive hammered-ness)