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Contact wait out 

"Contact, wait out" is a term military personel use over the radio to report enemy sightings/attacks. "Contact" means that the enemy has been identified or that you have already been attacked. "wait" means that you have no time to explain the situation right now. "out" means that you are about to end transmission and will call back later.
*Huge explosion*
Lieutenant: Holy shit, call it in!
Radio operator: This is Mike November 4, contact wait out!
Contact wait out by puje October 19, 2009

wait 'til it comes out on youtube 

A new phrase to describe movies you really don't want to see. Before we waited for the DVD, now we can wait for youtube.
Guy 1: "Hey did you see 'The Love Guru' yet?

Guy 2: "No way dude. I think I'll wait 'til it comes out on youtube"