When something really cool happens and no other words/phrases say it as well as.
Sometimes other words such as snap, wizard, awesome and boomshakalaka will do when baazing has been used too many times whilst watching Ladies Wimbledon or any fantastic lesbian threeway porno.
PATRICK: Sebastien, see that girl there by the photocopier?
SEBASTIEN: Yeah,that's Mark from Accounting's teenaged sister, I've heard she's harder to lay than a sixty foot Ostritch Egg.
PATRICK: Well I had some of that last night in the back of my Mazda.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2million.