Yes, this is what I think happened too (I'm the original owner of vb.ly and that's my blog post linked above) EDIT: and therefore I do feel Bit.ly need to be w

Yes, this is what I think happened too (I'm the original owner of vb.ly and that's my blog post linked above) EDIT: and therefore I do feel Bit.ly need to be worried - perhaps they'll be able to do a deal rather than have their domain removed but clearly something is stirring here thus ".ly domain space to be considered unsafe".