"M-Bomb." lol!
Remember, if you ever do try to drop the "M-Bomb" in a group of even remotely technical people, you had better be able to justify just *why* MIT is considered such a good place. This is probably a good time to ask yourself how much you know about the institute's history and the people who built it up. I'm not talking about undergrad hacking or dorm culture. And don't say something stupid like "Computers!" or "Math!" You should be able to give specific examples of what important scientific and engineering developments were done at MIT.
Otherwise you'll come out looking like a total idiot, and people will reassure themselves of the usually true notion that MIT is not all it's hyped up to be.