I know in the past it has been, but I'm wondering if it is OK to say now. I often find myself wanting to use this when talking about Japanese games, hardware, etc. but I feel like it would be offensive to say in public. To me, it seems like Jap is just an abbreviation of JAPanese vs. other racial slurs which are completely different words. To me, Jap is like Aussie or Yankie, or Brit. So, what is the current connotation of this word?