Firstly, I gotta say I am not 100% convinced this isn't a troll or wind up post.......... but apologies if it is genuine.
Secondly, well done on the weight loss, you really need to continue to lose as much as possible. I mean to be quite blunt about it you need to drop another 40lbs minimum before most surgeons would look to help you...........but obviously you have already lost 80lbs so you KNOW you CAN do it!
I lost 230bs+ so I know it isn't easy (I started aged 17 way back in 2004). From my experience the more weight you lose the more loose and baggy the skin & chest becomes, unfortunately I don't think guys with breasts as big as ours can ever expect weight loss to remove the problem, as the problem is very severe.
I am not a doctor and I can't give medical advice but again from my experience once you have lost the weight, or most of it and stabilized for at least 6 months you can start to look at surgical options.
You will be looking at something like a modified gynecomastia correction - come upper body lift, which will basically involve a long scar running across your chest either below the nipples in the pec fold / crease, or above the nipple line more level with the top of the armpit. This scar may extend all the way around to your back if you have excess fat rolls under the arms/armpit which the surgeon is able to remove at the same time as the breasts. The surgeon will basically make the incision, cut and suck out all the excess fat & breast tissue, lift the whole area (getting the nipples to the correct height) by cutting out excess skin and then stitch you back together again!
For the excess skin around the body you are probably looking at something like a lower body lift or 'belt lipectomy', which is like a gigantic tummy tuck which extends all the way around your stomach and across your back/butt area. The idea is to remove all the skin, flatten the stomach, lift and tighten the buttocks & outer thighs.
Then if you need it there are other options for the arms and legs, but that really depends on how bad the loose skin is, and whether or not you can get the surgery on the NHS (or approved by insurance if your American) or if your parents have deep pockets to pay for it all!
I have found a few befoe & after pictures of other people with similar issues linked below, they are not my pictures obviously and will redirect you to another site.... but it is more to give you an idea of what to expect in terms of scars............... because to get rid of the excess skin after weight loss you WILL have big scars and probably lots of them, but it is completely worth it IMO.
http://www.plasticsurgery4u.com/procedure_folder/male_breast_lift/healing_reduction_chest_lift.htmhttp://www.locateadoc.com/pictures/mofid-m-13126.htmlhttp://www.locateadoc.com/pictures/leedy-jason-11797.htmlhttp://www.locateadoc.com/pictures/surgeryassociates-cozmedic-7263.htmlhttp://www.locateadoc.com/pictures/offredericksburg-plasticsurgeryservices-17032.htmlhttp://www.locateadoc.com/pictures/leedy-jason-14050.htmlI'm not posting my own pictures up for the moment because I'm shy
and I haven't finished getting nipped and tucked just yet....... I had 5 ops last year and a couple of tidy ups to come this year!