syngularyx writes with a snippet from Reuters' report that "Former Libyan leader Muammar Gaddafi died of wounds suffered on Thursday as fighters battling to complete an eight-month-old uprising against his rule overran his hometown Sirte, Libya's interim rulers said. His killing, which came swiftly after his capture near Sirte, is the most dramatic single development in the Arab Spring revolts that have unseated rulers in Egypt and Tunisia and threatened the grip on power of the leaders of Syria and Yemen."
An anonymous reader links to the news as reported by Al Jazeera
(citing confirmation from the military spokesman of the National Transition Council). Time reports that many Libyans were celebrating
even preliminary reports of Gaddafi's death.