During the development of Mortal Kombat, one of the game designers suggested that Dan use it in the game. Toasty is also the name of Scorpion's most famous Fatality. In Mortal Kombat II, a specialized Toasty Fatality can make Dan Forden say Toasty! after the Fatality with a text appearing that reads Toasty!.
Lard is animal (pig) fat, and shortening is vegetable fat. Lard is not used much anymore because it is very high in saturated fat. It is great for pie crust--makes a very flaky crust. I don't think I would use it for icing--it can have a distinct flavor of its own.
The technique that uses a low heat to melt fat away from any connective tissues. The connective tissues (meat) that are separated from the fat turn brown and crispy to become what is known as lardons. The fat can then be clarified by straining it so the fat can be used for sautÃ©ing vegetables or other food items, adding a flavor from the meat being rendered.