We have somebody in the family that is know as:
"Blah ahk guak fiuya sdsds caramañola ñame!". And " caramañola ñame" is the only thing you will understand 100% of him ;) -- the other text is not a perfect rendition. In fact, nobody agree how exactly him talk when left him at full speed!
How fast is the talking is not the only issue. Is the slang. We can have the same language... but, o boy! the slang is diverse even in the same country.
And some words have reverse meanings, or don't make much sense.
For example:
"Esta haciendo sereno"
"Is doing serene (???)"
If use this dictionary, you could get it wrong:
http://www.spanishcentral.com/translate/sereno
Instead, despite the fact "sereno" is exactly "serene", this in colombia mean "colder wheater".
Is so funny when we teach the slang to outsider. Is crazy fun for them ;)