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Inside joke in the hcr, punk and, through some sort of internet voodoo magic, snickering indiekid communities. A way of pointing out that something or someone is flying the punk flag a bit too high.

Can also be used to point out that a punk has gotten old and gone corporate.
Punx: "Did you see American Hardcore yet?"
Hcr: "Yeah, Keith Morris sure was upping the punx with those dreads"
Snickering indiekid: "Heh." *blogs it*
by J-Lo Biafra February 06, 2011
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