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Me when I see the youths posting online [Rule]
(i.imgflip.com)
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
I'd never heard it before. After looking it up, that appears to be the correct usage. It's one of those slang words with no apparent etymology. It refers to a pretty specific time period, so it will probably have a short shelf life unless it changes in meaning.
I'll add the opposite of cheugy is basic and still negative. Basic people conform too much to the current trends, are trying too hard to be in the groove, and are hence seen as shallow and artificial.
So you can't win either way, but it was this way in the 1980s too.
The only Time is Morris Day's, and that's the hill I'll die on.