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1.
Adjective conveying cynical elation; most useful towards someone fishing for compliments referring to something boring, unimpressive or visually offensive.
Fredward: Do you guys like this pool of puss I made? It came out of this enormous pustule on my knee here!

Leonard: WOW, your knee and pool of puss are both gout-standing Fred.
by Ley2Lo February 09, 2010