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1.
The combination of lawl or lol and awesome. So it is funny and amazingly cool.
Hobos are lawlsome.

That was a lawlsome fail.

Pictures of cats equal an epic lawlsome.
by TheBlackRabbit and ChocoProd February 18, 2010
6 1
 
2.
When something is so crappy, that it is enjoyable. This is often used to describe Youtube videos and such.
That video was so crappy is was lawlsome
by Theblargninja June 01, 2007
4 12