Intentional misspelling of "huge" for comic effect and emphasis. It means the same thing as huge, but can have additional connotations to it; see example.
The pronunciation of HUEG is unclear. Four possible pronunciations are <hyooj>, <hyoog>, <hoog> and <hwayg>.
1.
Person A. D00d, I has a HUEG paper 2 rite 4 english clas T_T T_T T_T
Person B. You're gonna fail.
2.
C. I thought all the HUEG guys could crash through walls in this game.
another term for a station wagon, mini-van, or any other kind of vehicle that is targeted at the "family" demographic(also M.A.V.)
"Tactical advantages aside, the M.A.V. is top of the line for the holy warrior troop transport manufactured by the Church of Latter Day Saints Military Industrial Complex. Also great for family trips...to heathen lands."