More geek talk; the act wherein the geek's penis is pleasured, causing it to become erect (hard drive) and pleasured some more until it ejaculates (format).
Steve Urkel: Would you please format my hard drive? (Points at crotch)
Rachel: Okay. (Kneels down)
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.