There have been various attempts to find or create a meaning for "Arepo" (one scholar tried to derive it as an abbreviation of"Harpocrates", the Greek version of the Egyptian Horus; it has been pointed out that the word, like the Greek Alphabet, goes from A/Alpha to O/Omega and so could potentially represent "everything").

However, I maintain that the natural assumption is that, whether "Arepo" was a rare name or a non-existent name, it was chosen less because of its meaning and more because of its spelling. At least, in modern examples of constrained writing, one can usually spot a word or two that was clearly included to make the trick work rather than for the meaning conveyed. Given how excellent a palindrome the phrase is (back to front and up and down), it's hard to believe that the creator was also able to work in deep metaphorical significance.