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It's there in its gramatically correct spelling (ох@@нно). :)

Well, it's not worse than learning English listening to gangsta rap. :D The best way to learn is to listen to music you really like, otherwise you'll torture yourself needlessly. And if you like...

It's a deliberately misspelled foul word wich means (roughly) "very cool", "great", etc. Check this article: http://en.wikipedia.org/wiki/Russian_mat
You better do not use it, unless you are...