Quote Originally Posted by Tuerto View Post
Oddly enough, amongst the younger generations, it's more acceptable, although it isn't said in the same way, it's softer, if that's at all possible.
It’s basically used as a greeting between friends in Australia and New Zealand. Think it’s got a similar use in the UK these days.

Me and my pals use it more than other insults. “You silly cnut”, “daft cnut”, etc. That sort of thing.