パンツネタ 'underwear material/jokes' uses ネタ (material/joke fodder). いい加減 'moderately / enough already' expresses exasperation. 退く (ひく) 'to pull back / be turned off' is modern slang for cringing. ドンビキ is the intensified form — ドン (emphatic) + 引き — 'total cringe.' やめとけ is the casual contraction of やめておけ.