Reading through the Jargon File, I came across the following:
Bad and wrong: adj. Said of something that is both badly designed and wrongly executed. This common term is the prototype of, and is used by contrast with, three less common terms — Bad and Right (a kludge, something ugly but functional); Good and Wrong (an overblown GUI or other attractive nuisance); and (rare praise) Good and Right. These terms entered common use at Durham c.1994 and may have been imported from elsewhere; they are also in use at Oxford, and the emphatic form “Evil and Bad and Wrong” (abbreviated EBW) is reported from there. There are standard abbreviations: they start with B&R, a typo for “Bad and Wrong”. Consequently, B&W is actually “Bad and Right”, G&R = “Good and Wrong”, and G&W = “Good and Right”. Compare evil and rude, Good Thing,Bad Thing.