That's the hammer!

German's have a very interesting phrase that's used to convey enthusiasm for something. In German it's, "Es ist der Hammer." In English it translates literally into "It's the hammer!" Maybe it's the same as "That's awesome," which is used way too often in the US, particularly California.
A variation of "It's the hammer" is It's the insane - "Das ist der Wahnsinn!" Keep this in mind the next time you want to say something is awesome.

:-)