We have a lot of odd names for real places here in Indiana, but inventing names for towns that just ought to be has always been near and dear to my heart. For example:
Gamy Bottoms, Missouri.
Then of course, there are the fantasy towns I have made up for many an AD&D campaign and fantasy novel, including:
the subarctic port of Brass Monkey;
the seedy outlaws' den Ratsnest;
the bewildering, ever-confusing castle Polyphant Hall.
Anybody else out there come up with a particularly satisfying fictional place? for the real world or a made-up one?