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Much like the Xbox 360 is known as the Sexbox 360, the PS3 is more commonly referred to as the Penis3.

It is a much sexier, and more homo-erotic way of describing Sony's console.
Johnny: Hey there Tony, did you buy the Sexbox 360 at Best Buy today?

Tony: Nah dude fuck that, I bought myself a Penis3 and I've been playing with it all night in my room.
by KittenInAStocking May 09, 2010
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