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1.
Excellent in all regards; Completely on the mark; So awesome as to be considered ridiculous; Downright phenomenal
"Dude, how could we not get funding after that gnarly demo”, TJ exclaimed. “Vijit's classifier was totally bitchrod."
by TJ Hooker September 28, 2006
 
2.
Slang for cool, often used amongst the programming/web based community. Most likely to be found on messageboards or IRC channels.
"That movie was totally bitchrod."
by =][= June 03, 2003