The Collaborative International Dictionary of English v.0.48:

Cork \Cork\, v. t. [imp. & p. p. Corked (k[^o]rkt); p. pr. &
   vb. n. Corking.]
   1. To stop with a cork, as a bottle.
      [1913 Webster]

   2. To furnish or fit with cork; to raise on cork.
      [1913 Webster]

            Tread on corked stilts a prisoner's pace. --Bp.
                                                  Hall.
      [1913 Webster]

   Note: To cork is sometimes used erroneously for to calk, to
         furnish the shoe of a horse or ox with sharp points,
         and also in the meaning of cutting with a calk.
         [1913 Webster]

WordNet (r) 3.0 (2006):

corking
    adj 1: very good; "he did a bully job"; "a neat sports car";
           "had a great time at the party"; "you look simply
           smashing" [syn: bang-up, bully, corking,
           cracking, dandy, great, groovy, keen, neat,
           nifty, not bad(p), peachy, slap-up, swell,
           smashing]