What is |33t?
The |33t357 spelling of 1337.
1337 actually is an abbreviation for h4x0rs, derived from the term "elite". Since using the numeric keypad is faster than typing the damn word out, 1337 5p33k is the kewlest thing to do, especially for forum n00bs who think they are 1337 but are really 70015. (tools)
I am a |33y h4x0r, and I haev stoeled all yuor M3g4huRtz!!!