From Urban Dictionary via Fake Steve:
Vistaster n. a giant cluster-fuck; a colossal mistake; a turning point, inflection point, or event that, in retrospect, turns out to have led to the doom and demise of a once-powerful company, person or organization.
“Have you seen Speed Racer? It’s a total vistaster.”
I think it’s about time to start using this term, so that hopefully it goes mainstream and becomes a new word.
On a related note, Festivus still isn’t in Websters Dictionary. It’s not in Thunderbird’s spell check either. That’s another word I’m lobbying for.