It’s not dead olde englishe though, it’s pretty common. I watch an inordinate amount of UK TV and I hear it regularly. They have a wonderful collection of colloquialisms. There’s actually another word that starts with gobs that is far more useful but I can’t use it here. That’s a good thing now that I think of it.
Anyway, last time I checked, this was the USA and we had so many of our own colloquialisms we didn't need to lift the prissy ones from across the pond to sound cosmopolitan.
It's a little like using the word "shedjewel" or maybe just dropping a little latin into your sentences as though it was something all the homeys do.
NO STOMACH for pretentious anything, esp. writing.
peace out.