Rather than open this with some silly “OMG did u hear bout LOL going into OED,” or anything else of that sort that will have me dying a little inside, I’ll just come out and say it in as blunt a manner as I can: “OMG” and “LOL” are now in the Oxford English Dictionary.
For the March 2011 release of OED Online, we have selected for publication a number of noteworthy initialisms�abbreviations consisting of the initial letters of a name or expression. Some of these�such as OMG [OMG int. (and n.) and adj.]: �Oh my God� (or sometimes �gosh�, �goodness�, etc.) and LOL [LOL int. and n./2]: �laughing out loud��are strongly associated with the language of electronic communications (email, texting, social networks, blogs, and so on). They join other entries of this sort: IMHO (�in my humble opinion�) [IMHO at I n./1], TMI (�too much information�) [TMI at T n.], and BFF (�best friends forever�) [BFF at B n.], among others.
I blame you, Internet.
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*Kill me.