A nerdy self deprecating word used in a humorous way. Otherwise, a lame twist of "hacker" using "l337" speak.
Although there is sometimes an attempt to make it synonymous with "hacker", there is no wide acceptance of this in the real world. Circles where it might be accepted as such will not be among true hackers, but instead "crackers". aka skript kiddies, skript d00dz, losers, lamers, sad fucks with a sad sense of entertainment who basically spend hours racking their pin heads on pranks they don't often even witness.
nerd: "i am a l337 haxor!"
human: "stfu, jackass"
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