phayllb 

an outrageous and ingenious way of spelling 'fail' to give it more emphasis and gravitas in an msn or text argument.

(the b is silent)

"you sir, are a pile of phayllb"

phayllb by Heggler July 7, 2008

Phaylb 

(Pronounced fail)It is used in many of the situations that fail is used in but the user usually specifies the spelling so everyone is on same page.

"You phaylb" "P-H-A-Y-L-Silent B"

Phaylb by MG Pimpin February 25, 2009