Portmanteau Generator
The results are just incredible.  The depth of the project is very deep. Case in point, chess+clock yields hourglasker (hourglass & Lasker). Lasker was a German chess champion, well known in chess circles but the average person would have no idea who he is.I wonder if this is using wikipedia or dbpedia to walk a graph and find words to stick together.  That's the only way I could think of doing this.