LolMagnet 

Someone who is constantly making people laugh

Person 1: You see that funny guy John yesterday?
Person 2: haha yeah, he's a total lolmagnet

LolMagnet by THE MUDAFUCKING KING (Steven) April 11, 2010

Cell_LEDmagnet 

A dancing monkey commonly found on IRC, who is an amazingly good speller for a primate, and is a HUGE fan of RantRadio (www.RantRadio.com)

Cell_LEDmagnet: you just admitted that you are an arab.

Cell_LEDmagnet by Turnspike July 6, 2006

LOLMAGNUM 

To head shot someone in Halo: Reach or in other cases Counter Strike: Source with one pistol shot.

CS:S Player: Let me turn this cor-
Rando: *Shoot's player with one pistol shot*
Rando: LOLMAGNUM

LOLMAGNUM by CS:SBeta August 28, 2010