Falcon 1 launch set for 2:30 p.m. Pacific

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Update (14:44 Pacific): It's confirmed, the vehicle was lost. SpaceDaily.com has reported:

While Space X has yet to report was has happened to the rocket, SpaceX vice president of business development Gwynne Shotwell has told reporters that "We did lose the vehicle."

Update (14:40 Pacific time): SpaceDaily.com is reporting the launch failed, but no details as yet.

Quick update: It launched! The video was very cool, but cut out less than a minute into the flight. I'm trying to find out what happened.

OK, so we have a final (?) launch time for the Space-X rocket Falcon 1-- 14:30 Pacific time (about a half hour from now as I write this). You can view it live webcast from the Space-X website.'