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 Kazoo harmony song with his iPod music!" "Ah it's ok, you know i be Rolling in the Fahoofy."
by GarrettGK December 22, 2009