Same as WTF only you mean it literally not figuratively. Many have overplayed WTF and it has lost power. The "literal"version of WTF is far more powerful and retains the original luster of WTF of yesteryear.
Dude LWTF are you doing with her?
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"literally" smiling as opposed to the way over-used :) For years people have been smiling into the ether without meaning using the traditional :) however, if you add L to the front it denotes your "literal" emotion as smiling!
Man I had a great time with you last night L:)
or
Dude, that concert was so awesome thanks for buying me a ticket L:)
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