It's rare but I still hear people use the word pants. But most people I know seem to still be living in the past. I still hear terms like hella, chillaxing, dillweed, and Wassup daily. I even hear really awkward sounding words like bombdigity thrown into the mix at times.
Those are words old people use when trying to 'be down with da kidz'.
One day, I'll be one of those old people...