Farfaneoguen: Far - a long long way to go, fan - an oscillating device intended to cool things down by circulating air, noe - pronounced "new," this sexy syllable is the opposite of old, guen - halogen minus the halo part and with a hard g and no u. Therefore, improperly defined, farfanoegen is an un-old light that oscillates b/c it has to sing do re mi fa so la ti do (mostly fa, though. Obviously).

Rumpelstiltskin: Rump - the ass, el - the name of a magazine (with a different spelling of course), stilt - a device which ppl stand on (usually clowns) to make themselves taller, skin - the outer layering on a human being which holds the innards in. So given all this superfluous information, Rumpelstiltskin is an outer ass which helps clowns get on the covers of magazines that have been raised to make themselves taller.

As you may have noticed, I found it hard to work stilts in there. Feel free to offer advice on a better definition. I like the rest though. Very much. Too bad it's not Rumpelskin...