Distinguishedly and marvelously. Babelfished it!
LOL!
Well, as usual, Babel bobbled it! It’s a little closer to “(Extremely)Excellent and fabulous!” Ausgezeichnet doesn’t translate into English with an exact equivalent, but the idea is pretty much as I just noted.
Unfortunately, having read further into this thread in the meantime, I see that Fr. Zuhlsdorf has pretty much dismissed the assertions in the article as just another “urban legend.” (sigh)