l00t
Stolen or pillaged valuables.
his corpse had some sweet l00t.
l00t
with "0"s, not "o"s, it's l33t. And l00t is therefore useful and/or valuable and/or interesting hacked information of some kind, or a good weapon/powerup in a game.
W00T! Th1$ gu4rd h4d $0m3 w1(k3d l00t! Ultr4 ph4$0r!
l00t
A cross between "lol" and "w00t". A celebratory laugh, if you will. Used when you're celebrating something funny.
Hey, I just did something amazing and slightly humourous, l00t!
phat l00t
A World of Warcraft term, meaning awesome items the greatly increase the usefulness of your character.
"Holy shit! The entire Bloodfang set dropped and was given to one rogue!"
"PHAT L00T!"
"PHAT L00T!"