noun. A sad state of literal or metaphorical wankery.
Real citation: "You are the quarry is not as good no where near as fucking good as the smiths. But its still better than alot of god awful wankosity that gets released. Plus it was the return of morrisey. Which is fine by me. "
(Goit, Aug. 18, 2004, http://www.mtv2europe.com/mtv2europe.com/
Made-up citation: "There were so many crappy, soul-sucking, self-esteem-shredding aspects of grad school, but I think the wankosity was the worst of them all."