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Insta-fav 

insta-fav is a word describing something you instantly love and/or consider your favourite; it is a combination of 'instant' and 'favourite'. Pronounced "insta fave".
Dude! I totally insta-fav that shirt!
I'm insta-faving that picture you drew, it's so awesome
Cool shoes - insta-fav!
Insta-fav by The_Aliway. July 19, 2010

Instafav 

Liking a YouTube video so much that within the first roughly ten seconds of watching it, you instantly favourite the video.
You (Thinking in head): "I love this video! (Just started watching)"
You (Commenting on video): "Great video! 5/5, instafav. :)"
Instafav by Itachi_love June 15, 2011