Re: How I toast:

[j3]

Interesting. Didn't know people actually toasted to the word "cheers". I'd always figured "cheers" was a slang term -- a sort of meta-toast -- that was used more as a figure of speech, or possibly used in a sarcastic manner, such as, "Well, it's 11 pm, the server's down, and we're stuck here until it's fixed. {raises cup of cold coffee} Cheers.".

[gregor42]

This is dynamically influenced by geographical context. (i.e. Which side of 'the pond' you're on)

Similar rules apply to usage of other common terms, for example "lift" as signifying an elevator system or something put on the bottom of one's shoe to make them appear taller. (see also, "Rubber")