man that the shi*. Replaced by street-comedy culture to avoid using the common obseinity. It means its the best or the most
coolie. In that instance, its
better then everything else. When exclaimed, it is then super
coolie
Yo, check out that
ride, that's the shiznet! OR, Whoa, that
ice, is the SHIZNET, check that stuff out! OR, yo' this dime
bag and shiznet, you doped up man? OR, hot damn that rim is the SHIZNET!!!!!!