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the Steely Dan 

The awesome moment of bliss a man can receive when he chooses to lightly grasp his crotch region while relaxing. It often leads to the habit of having your hands down your pants. it's also not limited to the owner of the package to hold or caress it since it can be a group activity.
"Yo, i saw my uncle layin' down, he must've thought no one was watching because he was rocking the steely dan!"
the Steely Dan by Frank Quitely April 21, 2010
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The Steezy Danks 

Anything that is amazing or awesome in nature. Could refer to a sport, food, a girl, or a situation that is really cool.
Dude this essay is about to be the steezy danks.

Surfing that gnarly set is gonna be the steezy danks.
The Steezy Danks by The O.G. Master February 22, 2011