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1.
Mostly used to describe the bad quality of a YouTube video. Even lower quality than 240p. It's also known as "cell phone quality", because cell phones (excluding smartphones with good cameras) are known to have really low video quality.
Example video with toaster quality:

wwwDOTyoutubeDOTcom/watch?v=IpFyvrHYpnI
Replace DOT with a "." (without the quotes).
by maxie526 January 12, 2012