2. Squid Man is an action taken, typically by one or several individuals which is a distinct dance done while in the sitting position, arms outstretched and waving like squid tentacles. The more people do this at once in a circle, the more squid-like momentum is built up in the center of flailing limbs. This can only truly be done while "Ice Ice Baby" is playing in the background. Don't knock it till you try it. Seriously, it will change your life.
2. At our weekly "servants of the squid meeting" we drank half a keg and did the squidman for an hour straight. It was epic.