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1.
1) A silly term basicly meaning something or someone really flash (i.e. superbly good).

2) An amazing or perplexing event.
"Wow! Is that Jag a doowhizzle, or what!"
"She's a real doowhizzle."
"What a doowhizzle!"
by $3><`/ - 7 October 11, 2004