A common statement used by High School students to avoid answering stupid questions such as:
1)how do you do this?
2)what are you guys talking about?
3)Hey! Whatcha' got there?
or any other question not wanted to be answered by the higher echelons of high school cliques.
Lee (to Greg): Dude, how awesome was 300 last night?
Greg: Sickest movie ever, anyone who missed it on opening night is just a strait up panzy. Old School!