Every time a new edition or revision of the Oxford English Dictionary (OED) comes out, Oxford University Press immediately sends out a press release to all and sundry telling them the "hip", "trendy" and "high-tech" words that are now "officially part of the language".

Ugh.

Without fail, these are stupid, pointless, insipid pieces of idiotic marketing babble that will be removed again on the next edition. Some examples that I haven't blocked out of my mind include :

• foodie (someone who likes food ... as opposed to a gourmet then? Or perhaps someone who doesn't like food?)
• e-tailer : basically, the entire 'e' section of the dictionary is going to be full of stupid, brandname puns this year.
• Trekker / Trekkie : yeah, fine ...
• stress puppy : so now their researchers are resorting to imbecilic junk emails listing "cool urban slang" huh?
• screenagers : "teenagers who like watching television and playing computer games" ... Holy. Fucking. Shit. You're just making words up now. NOBODY, NOT EVEN MY MUM would use such a cringeworthy expression.
• Defiling a long-standing and respected academic work in the name of profit : Oh, sorry that's not a new word ... it's a description of the Oxford University Press

Despite these failings, the OED will always be infinitely superior to the Politically Correct ShitSwampTM that is the Encarta Dictionary.
You may also be interested to know that the OED was initially created in a similar way to the Open Source communal development approach. OK, not exactly, but there are parallels. See the rather "popular science"-y book The Surgeon Of Crowthorne (U.S. title: The Professor and the Madman) for a concise description of its origin.