Bodo is the 21st Century version of bodacious and is being widely used by those on the festival circuit. Particularly in 2007 at the Boardmasters festival in Newquay, England where the calls of 'Bodo, Bodo' could be heard well into the night.
Bodo can also be inserted into any common phrase to mean great, awesome, super, hot, cool etc. etc.
Frankie says bodo
Make bodo not bombs
Don't you wish your girlfriend was as bodo as me
2. A code word for sex, as in if you maybe around her/his friends and you need to brag.
3. A celebratory word if youve just won.