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1.
1. N. A penis which is the approximate size of a peanut. Not a mispelling.
That guy took too many steroids, now he has a peanus.
von Mule_Hammer 17. August 2005
 
2.
A corruption of the word "Peanuts". Originating from a poll on the IGN Boards by user DcPunk, which was meant to be called "What's your favorite type of peanuts".

Instead, the poll looked was asking people to choose between salted or roasted "peanus".

The word has been absorbed as part of standard issue Internet-speak, and literally means "penis".
OMG uRghey now stik ur peanus in my but kthx
von Mr_eX 8. September 2003
 
3.
nerd nerd nerd nerd
mr ex is a nerd lol
von smart guy 25. April 2004