1.] an adjective that describes something both great and awesome.
2.] The words great and awesome combined.
Mom: "Do you like Hao?
Lura: "Sometimes he's okay, but most of the time he's grawesome!"
Mom: "Why do you say that?"
Lura: "Well, he's pretty hilarious, making me laugh all the time and turning my bad days into good ones. And he buys me lots of food."