Flute: (v) To majorly screw up at the worst time possible, usually the most obvious. Results in ridicule. Derived from exposed flute-parts in bands totally failing and everyone knowing it.
"I just hope I don't flute during my big solo."
"Oh man, did you see the game last night? 2 seconds left in the 4th quarter and the quarterback flutes and throws an easy interception!"
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A blend of the words "awesome" and "ridiculous." Describes anything that is laughable and/or foolish, yet enormously amusing or worthy of approval.
Yeah, it was pretty awesculous!