Well, son of a gun. I was all set to spout off about the fact that I don't care about "internet usage". But then I went to m-w.com and found pretty much what Dan said.
Quote:
2 : in effect : VIRTUALLY
usage Since some people take sense 2 to be the opposite of sense 1, it has been frequently criticized as a misuse. Instead, the use is pure hyperbole intended to gain emphasis, but it often appears in contexts where no additional emphasis is necessary.
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It's there, but I don't like it. I think "literal" should only be used in its literal sense. But that's literally a pipe dream.