Yo Exzibit, Pimp my Hack Mod

Pimp- As a verb, it means to enhance or improve an ordinarily mundane object. Particularly with more color (like purple) and more texture or pattern (fluffy zebra print)
As a noun, a pimp is a manager of a series of women who sell themselves for cash. The cash is handed to the pimp in order to protect the hoes. Other exchanges would be sexual favors and drugs.

Hack- A word with several meanings, generally only with negative connotation. Whether professionally you are a hack, being a fake phony, washed up, useless, should retire. Or in a computer sense where frameworks are tampered with. There is generally a victim to hacking. However at times it can be used in an admirable way, like this video http://www.chooseurfun.com/beer-pouring-robot . This is quite a hack.

Mod - As far is improvements go it's a trendy way to say 'modification'. Like a hack; but different where instead of a victim there are only beneficiaries. It's a modification in that, it does not begin on original terms, but it positively alters or changes something already in existence. Like where Half Life was the original platform. They Hunger was a modification for that game. It adds new dimensions and new life to old things.