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Any person, place or thing bearing the qualities of being both fantastic and fabulous.

Sometimes used in conjunction with "craptacular" to express an extreme in overhyped mediocrity.
Have you seen the 253mph Bugatti Vairon? That is one fantastabulous roadster!

American Idol is a prime example of a fantastabulous craptacular.
by nekksys April 27, 2010
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