It's what you say when the AOL Instant Messenger screws up. And based solely on its definition, you'll be saying this at least twenty times a day before downloading a new chatting program.
The extra advantage to using this term is that, if said correctly, sounds a bit more "gangsta." See dayamn.
Mike: So Phil, what do you think?
Mike has signed off
Mike has signed on
Mike: What the hell? It did it again!
Phil: dAIMn! Let's chat on MSN, kay?
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