Saraz stands for Sarazin, a people often derided during the Middle Ages because of their differences: many of them were red and their sexual inclination led them frequently in prison. To escape social pressure, they went to Sweden and devoted themselves to acts of debauchery, including theft of wheelbarrow. Despite the protection some cottages offered them , they continued to promote immorality, gambling and addressing public goods. Their moral defects found an echo in their physical constitution: they often fell sick, fell victim to numerous injuries and became hyponchondriac. The nicknames given to them today often refer to the phallic object in its rare and curious forms.
The act of exposing one's penis at a party or event (preferably a large one (referring to the penis or the event or both)) and shooting jizz EVERYWHERE. Thus spraying and dazzling everyone at the event or party.
The following is Jake's account of a sprazzle dazzle:
Dude I am so strazzled right now! I have a presentation across town in less than 30 minutes that I haven't even started to prepare for - nor have I left the office yet! Ahhhh!