InBlack wrote on Mar 9, 2011, 09:07: Actually I would say that the pronounciation comes from the word "own". As in: I owned your ass -> I pwned your ass.
thats my understanding of leetspeak. they like to replace certain letters with numbers that have a similar shape. even if it looks inverted. leet becomes l33t. likewise some letters are also replaced by characters close to it on the keyboard or in the sequence of the alphabet order. so instead of 'own' it became 'pwn'.