Any thing that produces gratuitous amounts of LOLZ.
1. "GIRUGAMESH IS A LOLFACTORY!!"
2. "Hey Corey, do you know about any lolfactories? I could really use a lol."
When you're watching a movie and actors start to sing. You feel so embarrassed for them and your eyes start to tear.
"Dude, why is Sigourney Weaver singing 'Back in the U.S.S.R.?' I'm feeling such awkward transference right now."