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To put "shit on toast" is an expression used to describe nothing or nothing desirable. Similar to jack shit or if there was indeed a culinary dish with shit or faeces on warm breed it would be considered undesirable by most.
Jack: "What is for dinner love?".
Jill: "Shit on toast!"
by Lucasheights February 11, 2009
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To put "shit on toast" is an expression of how awesome something is. When you really like something - a song, for example - it is your "jam." And what do we do with jam? We put it on toast. As a result, anything awesome is shit put on toast.
Did you see that one-armed clown riding the unicycle over that pile of puppies?

Hells yes! I put that shit on TOAST!
by squeakykiwi October 28, 2006
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When somebody will not leave you alone. Refering to the gravy in Shit on a Shingle ( Creamed Beef on Toast )
Man, that guy is on me like shit on toast.
by ekn April 13, 2006
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Extremely hung over, often with alcohol seeping from pores and a general feeling of repulse.
I'm shit on toast after that bottle of scotch and pack of Styvo's I had last night.
by bbones October 25, 2009
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