In an effort to help protect children online and guide parents in how to protect them, Microsoft recently threw up a A parent's primer to computer slang
The entertaining guide goes through the different phrases commonly referred to as leetspeek, or leet for short. Microsoft lays down some key points for getting to grips with leetspeek - The new language of the 21st century.
Some of the more entertaining phrases can be found defined, below:
"pwn": A typo-deliberate version of own, a slang term that means to dominate. This could also be spelled "0//n3d" or "pwn3d," among other variations. Online video game bullies or "griefers" often use this term.
"n00b," "noob," "newbie," or "newb": Combinations synonymous with new user. Some leetspeekers view "n00b" as an insult and "newbie" as an affectionate term for new users.
"ph": often replaces "f," as in "phear" for "fear" (as in "ph34r my l33t skillz") and vice versa, such as spelling "phonetic" as "f0||371(."
There is also a Netiquette 101 for new netizens which offers Guidelines for good netiquette, Learning online acronyms and using emoticons :-)Happy or joking, ;-) Winking