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Random
Something truly amazing and wonderful. Beyond awesome; super awesome; the ultimate in complete awesomeness
These new shoes are amazing and easily the greatest high heels ever made. They are awesomesauce!
Ultimately sarcastic version of fantastic, taken from the earlier "fanfrickentastic" or "fanfreakentastic" and further slangified. Used primarily when things are anything but great.
It's only 8AM on Monday morning, and already my day is out of control. Fanfrickity!