I've been watching this thread for quite some time now, so I just had to say something.. :P

first, on the topic: I also pronounce Live for Speed as in living, although, since I'm feeling that my English pronouncation is not the best at the moment, I mainly just say LFS, just to avoid confusion

now, off the topic, I just want to ask all you Finns, why the heck do you compare your language with Hungarian, which is only remotely related to your language, at the same time forgetting your neighbours in South, who can understand most of your language without even learning it I mean Estonians but anyway, I mostly think that Finnish and Estonian both are a much more difficult language to learn, than other European languages or Russian for that matter.. I've studied at a school, where we had many teachers from Germany, about only half of them tried to learn Estonian, none of them really got it right ever

oh, and on the topic of Germans saying Live as Life, maybe it has something to do with the fact, that "v" in German is pronounced similar to "f" in other languages?

and something funny for you to read about Estonian being difficult, applies more or less to Finnish also I guess link