it is only recently (well, 1980s) that it has come to mean good.
(, Wed 22 Jun 2011, 9:10, archived)
Looks like your precious science doesn't have ALL the answers.
(, Wed 22 Jun 2011, 9:13, archived)
(, Wed 22 Jun 2011, 9:14, archived)
Are you calling Paxman a cunt?
(, Wed 22 Jun 2011, 9:16, archived)
www.phrases.org.uk/meanings/dog's%20bollocks.html (this one supports what binky said and what you said)
www.phrases.org.uk/bulletin_board/43/messages/1022.html (this one debunks what i said)
(, Wed 22 Jun 2011, 9:25, archived)