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cool beans 

The first of a series of unnecessary and over-used catch-phrases when something happens to one's liking. The list goes as follows: Cool beans! Hot ice! Stolen diamonds! Pistol-packin' granny! Sinister Minister!

The "c" can also be stuttered to enhance the effect.
C-c-c-c-c-cool beans!
cool beans by Number J June 6, 2005
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Cool Beans 

An exclamation of excitement, used primarily in the lat 80's

Origins:
Contrary to popular belief, the term "Cool Beans" originated because of a lawsuit in the early 80's between prior to then unheard of rapper "Kul Bheenz" and Wonder Snax, the Calafornia-based manufacturer of the "Cool Bean Dip Frozen Snak-Pak". an agreement was reached out of court, but due to extensive news coverage, the phrase stuck.
1 - "I found an awesome CD for only $4.99 at FYE"
2 - "Cool Beans!"
Cool Beans by KulBheenzFan27 April 26, 2009
Related Words

cool cat bad 

cool cat bad is a term that is used to call someone or someting that is bad and a cool cat.
That shirt is cool cat bad.

cool beans 

An exuberant expression of joyfullness!
I have a new puppy,isnt that just 'cool beans?"
cool beans by Seven January 26, 2004

cool chips 

that was cool chips!
cool chips by Spencer Clutter October 1, 2003

Cool Dude 

'Cool dude' is a term used to define someone (in other words, a 'dude'), who possesses 'cool' personal qualities.
The term 'cool dude' can be used in the 1st person, about oneself, or used to describe another 'cool dude'.
'Yo I'm a cool dude'
'That guy's called Chris, no way is he a cool dude!'
Cool Dude by Charlotteyaaaaa January 10, 2009

cool beans 

1)an expression used when you are excited about something.

2) slang term used by many characters in the alternative comic, Stray Bullets by David Lapham.
Mike: "Let's go see that new movie starring our boy, Seth Green."
Vlad: "Cool Beans!"
cool beans by javaturtle January 13, 2004