Using LOLSPEAK as an alternative to lorem ipsum would be hilarious. At least, to a subset of people.

Coincidentally, I had created a lorem ipsum generator made from the nonsensical names of tech startups back in 2007. I haven't updated the names in years though, but maybe I should. (Apologies for seeming spammy; that's not my intent at all. Just thought I'd share.)

http://bizthoughts.mikelee.org/the-web-20-lorem-ipsum-genera...

Wouldn't be hard to tweak that for LOLSPEAK at all.