SPAM (the actual product, not your can) Turns 80

This is one you're either really excited about, or your gag reflex kicked in upon reading the headline. 80 years ago, the land of Spam began. Think company-sponsored competition doesn't work? Pfffft. The name Spam came from Ken Daigneau, who picked up the cool $100 bill Hormel put on the line for naming the product.

Oh yeah, the product. According to its label, Spam's basic ingredients are pork, with ham meat added, salt, water, modified potato starch as a binder, sugar, and sodium nitrate as a preservative. Natural gelatin is formed during cooking in its tins on the production line. Spam exploded in popularity during WW2, and over 150 million pounds of Spam were purchased by the military before the war's end. Think no one eats it present day? Over 44,0000 are made every hour.

While it's never been official, the name's meaning has been rumored to stand for "Special Processed Army Meat." According to legend, only a few former executives know the real meaning of the name.

What do YOU think Spam means?