smoke

smoke vi.  1. To {crash} or blow up, usually
   spectacularly. "The new version smoked, just like the last one."
   Used for both hardware (where it often describes an actual physical
   event), and software (where it's merely colorful).  2. [from
   automotive slang] To be conspicuously fast.  "That processor
   really smokes."  Compare {magic smoke}.