At least last time I checked.
I like it. It's perfect. I may adopt it as my own. and even start using it on my Friends and Relations next time I'm back and see if I can't introduce it to England.
Plus it's really nice to say.
Except, of course, CAUTION: you do need to know how to say it or you sound like a ninny and the very opposite of the word you're using.
(clue for any chutzpah beginners: it's not "ch" as in church; it's "ch" as in more like you're having a coughing fit)
Anyway, it was Leo Rosten (b. 1908 in Poland) who first put in writing the famous and best definition of chutzpah as "that quality enshrined in a man who, having killed his mother and father, throws himself on the mercy of the court because he is an orphan."