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1.
Slang vernacular for "how's it going" or "what's up". Common responses being "Crispy" (good), "Soggy" (not great, sad in mood, etc), and "Burnt" (angry in mood, agitated, etc). Best used if you haven't seen the person in at least a day, because if you've seen them today, you pretty much know how their waffle is cooked.
"Hey man, how's the waffle cooked?"

"Crispy, dude."
by G T Ripper November 13, 2008

Words related to how's the waffle cooked?

burnt cooked crispy soggy waffle cooked? how is hows how's wafle
 
2.
phrase, e-slang. Used as an alternative for 'how's it going' or 'whats up?' Gaining usage in MMO games World of Warcraft and Warhammer online.
Hey guys, how's the waffle cooked?
by ev1lweez1l November 12, 2008