An Assignment:

Netlingo.com is a dictionary site containing on-line slang and
text-messaging abbreviations.  Using this or a similar resource,
translate the following into English:

Noobies Hngn Ot n d HCC Lab

FAWC debbies just uz crogs @ 1st, or surf d dub-dub-dub.
They often fall 4 flogs n FUD while lukin 4 warez,
or start flame wars with trolls 4 no gd reasN.
They think they r so 1337, d Opala they post makes evryting
nar, esp when they SHOUT. I usu plonk them.
IMHO, IRL d noobs hng ot n d HCC Open lab only as chatflys.
Watching posers pre10d 2 av m3d sk1llz rox0rs, I FOMCL!
W00t-W00t!

Btw, J/K!  DBEYR.

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The translation:

Internet Beginners Hanging Out in the HCC Lab

For anyone who cares, very new beginners just use well-know web logs
at first or surf the web.  They often fall for phony postings in
blogs that promote some product or spread fear, uncertainty, and doubt,
while looking for new software or cracked games and applications,
or they have passionate arguments on-line for no good reason with
people who post inflammatory and usually wrong information.
These beginners think they are very sophisticated, the garbage they
post makes everything awful, especially when they use all-capital
letters.  I usually set a filter so I never see their posts again.
In my humble opinion, in real life the beginners hang out in the
HCC Open lab only to chat on-line.  Watching these phonies pretend
to have great skills is so great, I fall off my chair laughing!
Ha-Ha!

By the way, just kidding!  Don't believe everything you read.

http://www.google.com/intl/xx-hacker/
http://www.computerhope.com/jargon/l/leetspea.htm
http://www.lingo2word.com/
http://www.urbandictionary.com/