To be ok with life's predicaments at the designated time of the utterance of the phrase; to be content and overflowing with "Oh Happiness". A so called "Fahoofy" is a huge pile of both laundry lint and Seasons 1-8 of The Antique Roadshow on VHS.
"Aww man, Jenner totally just killed your three part Kazooharmony song with his iPod music!" "Ah it's ok, you know i be Rolling in the Fahoofy."
n. A screenshot fabricated by a company to misrepresent the graphics of a game; a combination of the wordsbullshit and screenshot.
Originated from Penny Arcade, a popular gaming webcomic.
-Have you seen Madden 2006 for the Xbox 360? The graphics are gonna be awesome!
-Dude, the Madden 2006 images they showed at E3 were bullshots. It doesn't look nearly as good as they said.