Libya has been liberated from the hands of Gaddafi and as such the countries name is no longer "Libyan Arab Jamahiriya" but needs to be changed to simply Libya. The previous reference was a Gaddafi creation and might offend some people. Any chance we can get this updated some time soon???
Also, it would be uber useful to have the current country list documented in the Wiki and provided as an array (etc) so developers can easily match their country drop down forms to that used at checkout.