The new avant garde emoticon coined by Digg co-founder Kevin Rose. Though not technically an actual emticon, it is meant to take the place of the standard "smiley face" in spoken conversation when a person is verbalizing a sms or tweet. Especially one heavy in lol speak.
Paris Hilton was all like " I just got done watching Family Guy. Smiley Fart!"
by prey4war September 22, 2010