Update: The Libya invasion has just been named Operation Oddysey Dawn, supposedly by the same guy who names hedge funds.

According to NBC, the US has just launched its first attack in the Libyan Offensive whose name is still up for grabs (Operation Wealth Effect? Operation Nobel War Price? - you decide), by firing missiles at Libyan air defenses, which we assume means radar installations. We expect night vision videos of missiles hitting their targets ala Operation Desert Storm to soon push March Madness out from most watched prime time TV post. ABC News is covering this live for those who can't wait to see stuff blowing up in shades of green.

From CNN:

A U.S. defense official said the United States is poised to launch cruise missiles from warships in the Mediterranean Sea, and that these strikes would target Moammar Gadhafi's air defenses. The United States is prepared to "defend its allies flying over Libyan airspace and enforce the no-fly zone," the official said.

Obama talking again:

Update from AP: