Reply #2: It's old.

[Kurovski]

I haven't heard a young person use it in twenty years. Is it still in use? What area of the country do you live in?

It always had an edge of negativity to it, as if no other men would hang around the woman mentioned.

But I remember it being used both jocularly--with affection, and also as an insult.

I never cared much for it. The word "hag" is edged with ugliness.