You are correct in stating that this is a neologism. But we accept neologisms if they are used in the real world (even in chatrooms and the like). I have converted it into a simple dictionary definition, and thrown away all the encyclopedic stuff.
If you still want it deleted, just add a {{rfd}} template, then follow the link and add a new section explaining your reasons. Cheers SemperBlotto 11:03, 9 October 2005 (UTC)
p.s. It is protologisms that we don't accept.