Here is what I came up with after a lot of input. There are other nicknames, but below represents a kind of consensus if you had to pick one name over the others...

HMM165 WHITE KNIGHTS
HMM362 UGLY ANGELS / ARCHIE'S ANGELS
HMM263 THUNDER CHICKENS
HML367 SCARFACE
HMM163 RIDGE RUNNERS
HMx-77X RESERVE SQUADRONS
HMM364 PURPLE FOXES
HMH463 PEGASUS
VMO3 OAKGATE / SCARFACE
HMM363 LUCKY RED LIONS
HMM365 KOLER'S KLOWNS
HMM164 KNIGHT RIDERS
HMH462 HEAVY HAULERS
HMA369 GUNFIGHTERS
HMM162 GOLDEN EAGLES
HMM262 FLYING TIGERS
HMM361 FLYING TIGERS
HMM161 FLYING HORSEMEN
VMO2 CHERRY DEUCE
HML167 CHECKMATE
VMO6 KLONDYKE
HMM261 RAGING BULLS
MAG16
HMM265 DRAGONS
CORPSMEN DOCS

Wally, reckon we could revise that thread that has squadron names and nose numbers?