Short for fucking awesome
Bill: Did you to the party last night?
Dan: Yeah man! It was fawesome!!
Not different to the creation of the term 'Fugly', 'Fawesome' is slang for 'Fucking Awesome'
Have you seen this band play live before?
Yeah man they were fawesome!
This movie was fawesome!
This chick looks fawesome!
I'm fawesome!
This definition is fawesome!!!
It's for when you are at work, school, around d small children or holy people and really need to say "fucking awesome".