Heard here that domains ending in .ly where available from the Libyan Registrar so thought I might investigate. Libyan Spider seemed like the most respectable agent, although at $149.50/year, they are not cheap.
It was quite a lot of fun searching all the short words ending in 'ly', and believe me, there are quite a few left! I ended up going for:
If you are interested in lightening me of one of these domains, then feel free to comment!