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Panty action 

If you do some panty action, you are involved in sexual foreplay where you reach for woman's panty in order to touch her vagina before hitting full slam.
After a few beers together, I'll go for a bit of a panty action

sweet action 

Selling broken toys for far far more than they are worth. See also dual 1.42 GHz
That was some sweet action when those chumps laid down 41 bucks for those assorted GI Joe feet and hands.
sweet action by tyson January 28, 2003

get action

Hawaiian term...

1. Referring to someone who is hot...

2. An activity worth checking out...
1. How's that chick? Nice, she get action...

2. Why is the club worth checking out? Yup, get action...

sweet action tokyo drift style 

another way to say "that's cool", "that's what's up", "that's what's happenin'"
"Duuude i just ate some candy!"
"No way! Sweet action tokyo drift style!!"

Evolution in action 

A rhetorical observation made whenever another human is observed to be making an expensive or potentially fatal error.
Person A: I'm going to put all my money into dotcoms
Person B: Evolution in action, man

Employee A: Bob showed up drunk again to work today
Employee B: Evolution in action

Action: Motorcyclist riding without helmet
Person: Evolution in action
Evolution in action by srnsf April 6, 2006

pump action pimping 

Engaging in the sale of sexual favors while equipped with firearms, particularly those of the pump action variety.
Last night, I was pump action pimping and had to waste a ho.