A man who has the capability of utilizing his penis in an almostmagical way.
Trisha - "My boyfriend is such a dickwizard in the bedroom, I call him Gandalf when I orgasm."
Chloe - "Dayum girl that sounds pretty sweet, wish my man could use his 'wand' like that."
One who has (or is believed to have) mystical properties to their genitalia. Most often associated with men and/or transvestites. Homosexuals can often be referred to as such by their own kind or in condescending terms by heterosexuals.