1. It makes everything OK (no insult can be taken seriously if followed by a boom)
2. Replacement for cool, sweet, nice etc
personal twists on the word (ei song style, amount of times said, etc) are encouraged!
Person #1: if you spent less time smoking cigs you could spend more time in the shower.
Person #2: how about you spend less time talking and more time with my c()ck in your mouth, BOOM!
Person #1: Just found 1000 bucks in my checking account for no reason!!
Person #2: BOOM!