We editors love clarity. And brevity. And just as soon as we have them, along comes life with its ambiguity. My blog name is amgibuous on purpose. When I look at it, I say LIVE, long “I,” adjective, rhymes with JIVE. You might say LiVE, or short “I,” verb, rhymes with GIVE.
Whatever, as long as you read Live-Edit from time to time. I can live with some ambiguity — but I had to have a hyphen between the double “EE.”