I don't know, nor do I care, what w00t actually stands for. There are many historical accounts as to it's origin and actual meaning. All these do is give people with nothing to do something to agrue about.

The w00t I'm talking about is Woot!.

Woot is a website that provides discounted surplus and reconditioned goods of various kinds. They sell things from computer parts to blenders, pretty much whatever they can get thier hands on. The catch/tagline is One Day, One Deal. Meaning that they have one product on any given day. When a product is sold out, or the day is over that product is no longer available and another product is presented at midnight central time. Some items have a tendency to reappear (dell 5.1 ch speakers usually around 20 bucks) while others are one time only. Most of the computer related products, especially the speakers, sell out ina matter of minutes after they are posted at midnight. If you check out the forums there you will see that there is a culture of people that stay up every night until each item is posted.

For all of you graphics gurus I know are lurking here. Woot has a weekly photoshop contest based on one of their items. Usually involves photoChoping a product into some humorous situation. The winner each week gets a $100, second gets $50, and third gets $20. (The worst submittion also gets a boobie prize).

Anyone who doesn't know about Woot! should check it out. In the meantime:

all your base are belong to us

LoL, someone playes Empire Earth. Thats the cheat for 100k of everything lol.

I know this is an old topic, but I have to agree that woot.com is an awesome site. I absolutely love their product descriptions. They may not describe the product very well, but that's what the specs tab is for. They're just random and hilarious.

As atomicnacho says, they have one deal a day where they sell one item until 1) the item sells out or 2) the end of the day (11:59pm central time). You don't know how many they have of each item, but the "I want one" button starts bouncing around when it starts getting close to selling out. A new item goes up at midnight for the next round.

The exception is the Woot-Off where a new product is put up immediately after the last one sells out or has not sold out after 12 hours. Woot-Offs last a day or two and only happen a couple times a month. They're mostly for cleaning out inventory, I'm sure, but they sometimes have new products thrown in the mix. Another fun thing is the Bag o'Crap which is sold for $1.00 and can range from random dollar store crap to expensive high-tech gear. You never know until it comes in the mail. These usually sell out in minutes, so you definitely need a high-speed connection if you're planning on wooting that day.

My friend bought the little beauty below for only $19.99 on woot, which is selling for $39.99 on thinkgeek.com