One of the more common extensions of the phrase "on toast", generally used in one of two ways:

Def. 1 (verb): To do something extremely adeptly or well.

Def. 2 (verb): To be exceptionally good or enjoyable.
Def. 1 - Of course Anna wasn't very good at archery the first time she picked up a bow this year, but after a couple months practice she really started to rock on toast during competitions.

Def. 2 - Plush new carpeting, utilities included, central location, and only $450 a month in rent?
Man, your new apartment rocks on toast!
by Peter K. November 28, 2006

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