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Neato Cheeto 

When you want to say "neat", but be weird about it.
"Neato cheeto."

"Caleb, wtf does that mean? I just said my grandma died."

neato gang 

well known phrase used in the movie Anchorman when Ron is celebrating a good news broadcast. commonly used as an expression of extreme joy when trying to refrain from vulgar language.
Ron: Neato gang! super duper!

guy1: dude, we just won the lottery.
guy2: Neato gang!
neato gang by iluvmybuns11 August 21, 2006

neato torpedo 

An interesting, kid-friendly way to say something is "cool" or "neat." If one were to use this expression in front of one's friends (especially if one was male), one would probably be called a fag, gay, or queer, although I might not agree with them.
Bill: Wow that car was tripped out
Bob: Yeah, it was neato torpedo!
Bill: Fag!

Neato Bandito 

A phrase that very few slightly old fashioned "nerdy" people use to simply say "Oh, neat!".

Or...
A phrase used by losers when something is unusually cool.
Emily: Hey Brian, do you want to ride to Burgerville later with me and meet some friends?
Brian: Sure, that sounds great!
Emily: Okay :)
Brian: Neato bandito! See you then.
Neato Bandito by chicamisteriosa14 November 5, 2010

Neato Skettio 

An exclamation conveying excitement.
“Did you see that Biggie Cheese just walked in?”

“Neato Skettio!”

*Biggie Cheese walks over*

“Hey guys, it’s ya boi, Biggie Cheese

neato freato 

Neato- an extremely awesome situation that needs to be capitalized by an exclamatory phrase. In place of "super cool" or "awesome possum."
Freato-often used after the word neato - to add extra emphasis on the neato-ness of the situation. Neato can be used by itself, but freato cannot.
"I bought you some ice cream, and then we're going to the swimming pool"
"Neato Freato! That's going to be soooo much fun!"