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When something is exceptionally great.

Note: I give you all permission to use this fabulous phrase that I have been saying for many years! Enjoy the new word you bumbacluts!
That right there be the goat shit!

Also ref. to as goat shee

by IJ March 31, 2006
a powerful word for your ass hole.
Dont make me fuck you in the goat shit
by kuges June 05, 2006