this word is not meant to be demeaning in anyway; it means that u r so hot and sexy that your body turns girls and guys on equally; you don't need to be a "skank" in order to be skankalishious (although this helps) but you must be gorge-ass, bootylushous, and boobylishious; it means that you can get with girls and guys cuz u are that damn hot!

When you eat dirt for the first time and leave your family to build a shack in the woods

Someone who wears very skanky clothes. Derived from the word skank, this is good slang.