http://www.yle.fi/alueet/lahti/2010/12/ ... 08502.html
...it means roughly the same as "ok" or "righty-ho".
The same bird also features in the Finnish version of a bird in hand...
Parempi pyy pivossa kuin kymmenen oksalla.
I've also heard a humorous modification of that saying - parempi pyy pivossa, huonompi pyy kaatopaikalla
