Adjective
1 - Good enough to pass, but not stick out in any way.
2 - Shitty, but still good enough to use.
"I did a gooshitty job on that test"

Steve-"We need pallets that are good but not too good that they are heavy"
Thomas-"Ok, this is pallet is gooshitty enough to use."
by TK3 May 4, 2006
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