Used by web designers to refer to a website that uses Flash excessively (usually in an introduction and in the navigation); this is often irritating and in many cases only used to show off how 'pro' a site is.
Dang, that site took like a minute to get past its Flashturbation intro.
The act of looking at clothes you will not/do not have the means to buy. Similar to masturbating to porn--you want it, but it's not going to happen anytime soon.
By looking at expensive shoes right now, I am engaging in fashturbation.