Due to it's awesomeness and popularity, you may also use it instead of "cool".
Person2: "Dude, they're all cheddahhh"
Person1: "for real? Awesome- I cant wait to hit um"
"Dude, that new trick u just pulled was cheddahhh"
"Did u see that new movie out? Maaaaan, it was hella cheddahhh- The best movie I've ever seen"