I believe that the PUNK part is reverse punk, because so much of today's society is ill mannered that we ARE the punks by rebelling that.
(The context, for interested parties: http://www.thesteampunkempire.com/
During the course of a Fanficrant (community.livejournal.com/fanficrants/
Be careful what you say in the earshot of fans: okelay then demanded a fic involving all three.
xvmorganalefayv (after exacting a promise of future pie) thereupon complied. (One of the icons I'm going to have to get drawn up and installed, along with the Teal Deer, is an ox pulling a delivery cart full of Plot Bunny Chow.)
Of course, it could be argued that a man who annotates The League of Extraordinary Gentlemen, writes the equivalent of The Junior Woodchucks' Guide to Victorian Genre Fiction, and celebrates things like Six-Gun Gorilla and Zeppelin Stories is bound to attract the sort of fandom he deserves (and no--I'm not the perpetrator.)