First coined by Justin Meldal-Johnsen in the Nine Inch Nails chatroom on nin.com, this acronym can be used to warn off over-zealous NIN fans from asking questions about things which band members might not be at liberty to discuss.
fan#1: O HAI JUSTIN!!!!11! Will there be a LITS tour in Europe next year?
Justin: Sorry, ICOWTAT
fan#2: OMFG JUSTIN MELDAL-JOHNSEN!!! Is Trent recording a new album?
Justin: ICOWTAT
fan#3: Hey Justin. What colour underpants does Trent wear?
A new product developed by Apple. Improving on the iPod, now one is able to not only listen to music and watch movies, but iCup also allows the user to see through bathroom stalls and doors.
Hey, man, iPods are cool and all, but something about the iCup just kinda creeps me out.