I would suggest bit.ly people to register, say, bit.lt as back-up plan (Lithuania), then if .ly shuts them down, to fix links people would need to change only o

I would suggest bit.ly people to register, say, bit.lt as back-up plan (Lithuania), then if .ly shuts them down, to fix links people would need to change only one letter. (Which happens to be next to "y" actually).