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1)A combination of the words/phrases queer bag(see definition) and fag bag(see definition) often used to save time and/or stress the unc..
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The magic HD DVD key
Guy: 09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0
MPAA: CEASE AND DESIST. BLARRGH
See movies, computers
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