Xbox Live term. A combination of the two words shredded and wrecked. Commonly used on games such as Gears of War and Gears of War 2 similar to saying "get bodied".
Completely wasted; under the influence of alcohol to such a degree that one attempts to perform ridiculous feats and/or passes out nude in the living room at a party.
A combination of the words "shwasted" and "wrecked."
Were you watching Katherine at that party last night? She was so shrecked she was making out with guys!