Regreat

Something that is definitely a regret but at the same time is so funny that it's great.

1) Challenging Bob to that hard-boiled egg eating contest last night was a regreat especially when he started throwing up in the rice-cooker in front of his mom.

2) Girl #1: I can't believe I hooked up with him on a pool table while his friends were playing fooseball next to us cheering him on.
Girl #2: Oh well, last night was full of regreats... remember when Brook fell down the stairs and landed on top of the dog.
Girl #1: Oh yeah! that was such a regreat.

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regreat

An enjoyable drunken transgression recognized the morning after as a "regret" in order to salvage reputation.

Casey: "Did you hook up with that whale last night?"
Andrew: "Yeah man, I totally regret it."
Casey: "More like reGREAT it you chubby-chaser!"

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regreat

a feeling of elation over an action for which society typically prescribes guilt.

The death of her abusive father after two estranged decades filled her with regreat.

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