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1.
A state of disbelief normally coupled with contempt, and in some cases followed by "You Would."
Example 1:

Boy playing COD6: *Gets killed by a predator missile* "Wooooooow really? That kid would single me out."

Example 2:

Boy: So I hooked up with her last night...
Girl: Wow really?
Boy: I also jizzed on her face.
Girl: YOU WOULD!
by W000Wreally January 03, 2010