Pronounced "reet". A mix between engrish and 1337. A |2337 phrase occurs when a Japanese individual says something in an attempt to sound 1337. Usually he/she learns this phrase from hanging out with true 1337 4/v\3|2|C4/\/ |-|4XX0|25. The phrase comes out of the Japanese person's mouth sounding completely wrong or coming out at the completely wrong time, due to the Japanese accent, a weak grasp on a fast paced American teenager conversation, and/or a lack of knowledge of when to drop a computer term in RL speak while still sounding 1337.
Guys who've mastered 1337: "blah blah blah...Oh wow, that's pretty weird dude."
Takashi (out of nowhere):"yeah......daabuuyouuuu teeeee ehhhhhffff....hehehe"
*1337 guys look uncomfortably at Takashi/each other (because Takashi is still their friend). An extremely awkward silence follows*
1337 guys (to themselves): God, Takashi is so facking |2337. Yeah, lawl.