Every day I visit this BBS I seem to learn a new British English word. I had never heard something described as "pants" before.

Americans and other aliens should also note that -- while "it's pants" is an expression of disapproval -- "it's the pants" is short for "it's the ants' pants", an expression of approval.

Emphatic forms of the disapproving version are "a pile of pants" and "a bag of pants".

Peter