Only OK or absolutely perfect (4,5)
I believe the answer is:
just right
'absolutely perfect' is the definition.
'just right' can be an answer for 'perfect' (I've seen this before). I am unsure of the 'absolutely' bit.
'only ok' is the wordplay.
'only' becomes 'just' (synonyms).
'ok' becomes 'right' (I've seen this before).
'just'+'right'='JUST RIGHT'
'or' acts as a link.
Can you help me to learn more?
(Other definitions for just right that I've seen before include "Perfect" , "Exactly what was required" .)