I'm fairly positive that moon32walker has a more mysterious meaning altogether. You see, what happened was one day while moonwalker was smoking a large joint behind the school, (the 32nd of February if my facts are right), He pulled a bit too hard and pulled a whitey.
When he finally came too it was pitch dark and all that he could see was the moon overhead. Too stoned to move, he lay there for the whole night until found the next morning.
In punishment he was set to write 5000 lines but due to his stoned state could only manage to write moon32walker for four hours straight and the name has stuck ever since.