Def. 1
To have exquisite love for males, specifically those taller or burlier than ones self. It is a derrivation of conventional homosexuality.
Def. 2
Also a homosexual fashion style, popular in Thailand. Its attributes are a tendency to wear mainly black and white colours and other cultural faux pas, such as shorts in winter.
Robin Williams stand-up is a lols-apalooza. Steven Cobert's "The Word" is a lols-apalooza. Bill Maher's "New Rules" is a lols-apalooza. If you want to experience a lols-apalooza, watch the video of Bill O'Reilly freaking out.