A tiny nugget of binary crap. This term can be used to describe nearly all of the software produced by an insignificant company with a similar name, 'Microsoft'.
I'm having problems connecting to the Internet because my modem is having a Microshite moment.
Yo! My man tore it up on the microphice last night.
Dexter: I was on my computer last night and Monique invited me to chat, but I couldn't hear anything.
Marco: She's so stupid.
Dexter: I know. How's she gonna try to voice chat without plugging in her microphice?
To be screwed out of the reasonable expectation that your Microsoft software willwork as intended and to discover to your horror that your software has more security holes than Swiss cheese.
David said we were Microshafted again because the MS NT server crashed and that we lost all the mission critical data.