Wii and his minions have seized the island of GAMES

From GFWiki

The phrase originates from this youtube video (http://www.youtube.com/watch?v=DTWsU5tANmo). Additionally, nearly every single line of the video has become a meme. A full transcript is below. Dialogue taken from chadwardenn (http://www.youtube.com/watch?v=25LceCPO1ys) shown in like so.

 Link: Gee it sure is Ballin' around here.
 King: My bitch, this peace is what all true niggas strive for.
 Link: I just wonder what fans of the Xbox 360 is up to.
 Guy: Your majesty. Wii and his minions have seized the island of games.
 King: Hm, how can we shoot some niggas?
 Link: P-pow pow.
 Guy: It is written only chadwardenn can defeat the dildo.
 Link: Great, I'll grab my shit.
 Guy: There is no time. Your little bitchass sword is enough.
 Link: I'm talkin' bout that PStriple. The PStriple. I aint talkin' bout a little bitchass sword.
 Guy: ...
 Link: What I'm really tryina say is that, get all the honeys with a PStriple.
 Link: How'm I supposed to get some honeys with a Wii? I say "Yo baby look at my Wii,"
 Link: you know what they say to me?
 Zelda: You've got to be kidding.
 Guy: I don' give a fuck.
 Guy: Squalala, we are off!
 Link: Wow, what are all those games?
 Guy: These are the WarioWare shove-up-yo ass games. You must shove it up yo ass.
 Link: I guess I better get going.
 Guy: Here is the map. Where do you wish to go?
 Link(?): I'll give you six hundred dollas just to shut the hell up nigga!
 We Fly High by Jim Jones plays and the video ends.

As with most memes, it is suitable to remix or mashup -- particularly by replacing the bold sections with your own lyrics. Example:

 <@CHz> RAMOTH and his minions have seized the island of MESSING WITH FOOTBALL
 <@Tails> Hmmm, how can we ban some niggas
 <+ramoth> pow pow
 <@CHz> li'l bitchass soccer
 <+ramoth> Great i'll grab my beer

Feel free to create your own!