A Beady Eye For Oasis?

Liam Gallagher finally figured something out and it's Beady Eye??

Announced yesterday via the Oasis's website, this is going to be the new name for the band that their suffering fans are going to be adjusting to.

Is this ALL they can come up with - a good 9 months after his brother Noel quit Oasis just literally hours before the concert began in Paris last year?

Surely I will be getting his latest compilation when it's out in July, which promised to have all Oasis's smashing hits, but I just can't bear to think this new name is not ridiculous!