Any video that's not stored on blu-ray. Usually means DVD, VCD or anything you downloaded and watched on your computer.
"Did you see Transformers on Blu-Ray?"
"Nah, I saw it on lo-ray."
"Dude, why are you still watching on lo-ray? Go get a PS3 or something, and upgrade your life."
"Nah, I saw it on lo-ray."
"Dude, why are you still watching on lo-ray? Go get a PS3 or something, and upgrade your life."
by Philosophistry December 22, 2009
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