Neither term is in serious use yet as of early 1996, but many hackers find the metaphor attractive, and each may develop a denotation in the future. In the meantime, the speculative usage could be confused with `ICE', an acronym for "in-circuit emulator".
In ironic reference to the speculative usage, however, some hackers and computer scientists formed ICE (International Cryptographic Experiment) in 1994. ICE is a consortium to promote uniform international access to strong cryptography. ICE has a home page at http://www.tis.com/crypto/ice.html.