It is a word salvaged from an alternate pre-history. Traditionally it would be the catch cry of well to do clockwork automatons wishing to express their mirth in regards to a notable quip, or otherwise amusing turn of events.

Modern usage s...ees the word fitting into much the same category as it once may have, although with less gears and monocles.
oh man, that new videogame is SOO bad it's hilarion - KaraiPantsu
by FeralOni November 23, 2010

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