meaning something is extremely bad/sucky, derived from the words suck and delicious. Meaning that the unfortunate events/things are so bad that they would be delicious.
Homer to waffle on ceiling - "Why do you mock me oh Lord?"
Marge - "Homer thats not God it's a waffle Bart threw up there"
Homer to waffle (after Marge knocks it down) - "I know I shouldn't eat thee o Lord... Mmm Sacralicious!"
1. Adjective. A combination of the two words "special" and "delicious". Used to express utter excitement or massive amounts of joy. First used by me duing a drama class when describing a backdrop for a play.
2. Anything excessively wonderful or breathtaking.