Can also be used when to talk "Tits N' Ass" which is the discussion of the merits of a woman's breasts and posterior.
Im single again: Now I can talk Tits N' Ass
Brad: "Cheers buddy, Tits N Ass my friend!"
Tim: "Tits N ass!"
Example 2: You're spending HOW much on your musicians for this show? Don't you know that all people really want is tits 'n' ass?
Example 3: In the 1960's, pop music was really about talent and musical ability. Now it's all about tits 'n' ass.