It's an awesome word and it has multiple purposes.
For example: Laz likes his twatwaffles with whipped cream and syrup with a cherry on top!
See?
Just used it.
Contractor: “He didn’t use the laser to align sh!t. He’s new and I thought he knew better.”
Me: “The two hours of downtime that pump cost us tells me both of you were wrong. Get that twatwaffle out of my mill and make sure everyone else in the crew knows how to use the lasers. I want the printouts from now on. No exceptions.”
Contractor: “Yessir! Twatwaffle. Is that a military term?
Me: “Probably. Feel free to use it liberally.”