Originally Posted by: AkiraWell, being as leet has been traditionally associated with O.T.T. gamers (although originally having roots from hacker language), some people are usually in such a rush to type "OWNED!!" when they beat someone at a round of CS (for example), that they accidently hit the P key instead of the O key (being as they are right next to each other). So they type "PWNED!!" instead. Although probably originally a simple typo, it has now become a part of the leet language in it's self. Usually Pwned is considered to carry more weight than Owned, so someone can get headshotted on CS, and they are considered to have been Owned, or they can get a grenade headshot, in which case, they are considered to have been Pwned.

There you go.