penise

Posh for knob.

The above is an obscure reference to Harry Enfield or something.
"Penise?" "It's posh for knob."
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sugoi

Japanese equivalent of either "awesome" or "awful". Most frequently used to mean the former, at least among westerners.
Chu chu rocketo, rocketo su-go-i.
Tsubabababaaa!
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boobies

Swimming birds (Sula fiber or S. sula) related to the common gannet, and found in the West Indies, nesting on the bare rocks.
Guy 1: "Check out those boobies!"
Guy 2: "Where?"
Guy 1: "Over there, nesting on the bare rocks of the West Indies!"
Guy 2: "...I hate you."
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Kim Jong the Second

A mispronunciation of Kim Jong-Il, usually resulting from a font where the uppercase I and lowercase L are identical making the "il" look like the Roman numeral II. Surprisingly not yet used by Bush, although it's only a matter of time.
Kim Jong the Second is a North Korean dictator with a bad haircut.
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niu-niu

SUPER MAGNETIC NIU-NIU (aka Neo), star of the Dreamcast game of the same name.

Also apparently some guy on the SA forums who was apparently banned by Captain Rectum Licker. I mean, Lowtax.
FYI: Lowtax is a closet scientologist.
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dickhead

A person who posts someone's name to urbandictionary.com as a definition of an insult.
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jack squat

Nothing. Identical in meaning to jack shit - it's just an equivalent for people who are scared of profanities.
Your car's worth jack squat.
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