Similar to Penis Envy, this is common around photographers who have bigger lense attachments then another photographer.
Boy1: I was taking pictures around london with my SLR when i walked past the paparazzi. Their Lenses were MASSIVE!
Boy2: Dude you most of got Lense Envy right there!
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.