Shits

A word describing the utmost level of goodness.

Lerry: I just got a free keg of beer.

Jim: That's the Shits.

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shidizles

A word inferring superb awesomeness or great amazingness. A word that gives much importance to an item.

Bob: I just won 10,000 dollars.

Tom: That's the shidizles.

Jerry: This car is the shidizles.