Good Lookin' Edit Meaning

1.

an expression of thanks or approbation.

When I gave Ch--- one of my Yankee's game ticket stubs to look at, he held it gingerly in his fingers and admired it like a sacred relic. I told him to keep it; he replied with the deepest sincerity, "Good lookin', Marcus."

2.

short for good lookin' out

Man when you talked to those pigs, that was good lookin'.