About.com's "Net for Beginnerz" says:
While there were nastier meanings in previous years, FTW today commonly stands for "For the Win". It is an expression of enthusiasm. "FTW" is the same as saying "this is the best" or "this item will make a big difference, I recommend using it". Examples would include: "anti-lock braking, ftw!", "spellchecker, ftw!", and "low-carb diets, ftw!"
Years ago, "FTW" used to have a very negative meaning: "f**k the world". This was a term commonly used by social rebels, anarchists and anti-authoritarian types to express frustration with modern society. Gratefully, this antisocial meaning has dramatically faded in use in the 21st century, and people largely use "for the win" as the modern meaning for this acronym now.
"Gratefully"!? Fuck you! Some of us "social rebels, anarchists and anti-authoritarian types" still remember what FTW really means. Fuck the world. No asterisks.
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