A common reply to "ILU" that is either used when one is replying satirically to whomever he is talking, or to mutually jest at the vast number of retards in AIM/forum existence.
Megan: ILU, mi pimpo!!!!1
Jack: ILU2, mi puta favorita XDD
I love you too bitch.
Instead of saying "fuck you" it is used as sarcasm when someone says something bad about you or just whenever you feel the need to use it.