Sentence:  If there bee any lasie fellow, any that cannot away "with" worke, any that would wallow in pleasures, hee is hastie to be priested. And when hee is made one, and has gotten a benefice, he consorts with his neighbour priests, who are altogether given to pleasures; and then both hee, and they, live, not like Christians, but like epicures; drinking, eating, feasting, and <WSD>revelling</WSD>, till the cow come home, as the saying is. 
Meaning of the word marked with <WSD> tags:  To make merry; to have a gay, lively time.