i ) A half erect
penis.
ii)
Something that is
uselessiii) Something that appears to be on its way to being useful, but isn't
iv) Something that possesses all the drawbacks, and none of the advantages of a given phenomenon
Steve : Did you get a
raise at
work ?
Dave : Yes, but only $2,000
Steve : That's like $50 a paycheck after
taxesDave : It's about as useful as a half hard dick.