I first became aware of the word "respect" used in the context of Ali G a couple of years ago. I recall a student team for the Crusoe CAD project using animated gifs of Ali G as a backdrop for their website. [I'll need to search this out just to confirm my hazy memory]
Numerous student teams have over the years acknowledged my contribution to their learning with what many of my colleagues would call 'bare-faced cheekiness'. IMHO, I believe that most of this 'cheek' is in fact respect in the Ali G sense. Team Wazzock is a prime example.
OTOH, I may be deluding myself but I find it hard to believe that they would be as 'in my face' as that.
Like previous years', many teams have dreamt up funny (in both senses of the word) names for their teams. I'll share some of these with you when the team projects have been submitted.
My students get my respect for their effort, good grace, and humour in the face of adversity ;-)