I am a fan of blended words, but when there are no hard-and-fast rules applied, how do we know what people mean when they make up their own? This article takes a closer look:
http://www.theguardian.com/science/blog/2015/may/29/phablets-and-fauxhawks-the-linguistic-secrets-of-a-good-blended-word?CMP=fb_gu