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For not the win. This is the converse of ftw It can be used in similar contexts, but denotes a fail (occasionally epic in variety). Also used ironically to refer to situations, products or features that could have been ftw but were bungled botched or otherwise mismanaged.
1)"Vista is better than a punch in the crotch, but not much better."
"Yeah -fntw"
2)"Wow we botched that raid, fntw."
by ftwinnar January 11, 2009