Zeloz mk.II MACoyote Time should refer to whenever you see a hot girl and your eyes pop out, your tongue lolls out, you jump up 3 feet and you go "ha cha cha cha awooga awooga"
incidentally, since coming to Japan, I've been in perpetual coyote time. My husband is sympathetic but concerned.
Shinjuku 2-chome in Kabukicho is the Japanese Boystown, right down to the rats.