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1.
anything you do thats ill

ill, not as in 'down with the flu' but ill as in short for illegitimate, or whacked out on cough syrup or smokin major grass.

1. smoking weed
2. indian music (zitars, drums, vocals)
3. this situation: approaching a group of friends with a box of lucky charms without saying anything and when they ask for some you deny them an walk away
4. anything illegal but really fun like:
a. drivebys (driving with the boot)
b. mailbox baseball
c. rapping about ghandi

used in a sentence as:
a separable verb:
righteous dude #1:
Dude, that shit you were doing is hella ill.
a noun
righteous dude #2:
What are you up to today?
righteous dude #2:
Sum ill shit.
by superjesus December 03, 2006
17 6
 
2.
A new way of saying "Oh my god!". To express excitement or any emotion in an extreme. Something said is so insane that the mere utterance of it makes you lose control of your bowels.
"I got into Harvard."
"Really! I'll shit, my dude!"

"That new album just came out!"
"I'll shit! When?"
by Dr.Moog September 30, 2009
6 1
 
3.
Spoken words or a rap/freestyle verse
That song is the Ill Shits.
by Socci January 16, 2009
6 1
 
4.
(noun) the coolest thing alive;
Colin Hollis Hart is the illshit yo.
by freakaleekkkkkkk October 28, 2005
12 9