Mr. Peg: The name given by longtime HYPE mod Hollow Wood Director to a series of supposedly "horrific" top-secret photos he claimed to have in his possession back around October of 2002. HWD started a thread describing the photos as being taken from a secret government experiment and asking for volunteers to sign a "disclaimer" absolving him and SHH of all responsibility if he were to PM this series of photos, which he claimed could result in hallucinations and paranoia after viewing them (somewhat similar to the concept seen in the then-current films The Ring, and Fear Dot Com). Several deadlines to send the PM's to the interested parties came and went, and after HWD went missing from the HYPE boards for a while there were frustrated questions as to what the point of the whole thing was -- a failed experiment? A drawn-out prank with no punchline? No one except the poster Speedin' Bullet ever claimed that they received the "Mr. Peg" pictures, and Speedin' Bullet made numerous rambling posts claiming to have seen hallucinations and even being arrested for attempting to attack a policeman with a sword. HWD later claimed to have erased the photos from his hard drive, and after the original Mr. Peg thread was finally locked to keep curious newbies from bumping it, that was that.
While HWD's ultimate motives in the Mr. Peg incident have never been revealed, the name "Mr. Peg" pops up every now and then as a synonym for some imaginary horrible thing whose bark is worse than its bite.