1. Used (sarcasticly) by intertube users to point out an idiotic statement or message on forums or blogs.
2. Used genuinely by people of lower intelligence, or internet noobs.
3. Used when you read something that actually makes you laugh out loud. Lol is used when someone can not be bothered to respond, but "lolling out loud" means you are actually entertained.
"FAIL. lol out loud!!!11!!one111"
"fake. lol out loud though"
"Man, you're a funny bastard, I actually lolled out loud!"
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