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Ladytron "Light & Magic" (UK import)
Sadly, Ladytron have found themselves caught in an Electroclash backlash that should've never happened. The album certainly doesn't deserve it, and neither does the genre. Ladytron are at their most accessible to date, with the first single 'Seventeen' to 'Blue Jeans' and 'Black Plastic'. An album this good doesn't deserve to be lumped in a genre, let alone attacked for it. 
Laika "Uneasy" (UK import)
Easily the best packaging I've seen in a while. Turquoise sparkly digipak with black symbols all over. And the music is mellow and very Portishead-y. But I hear this is the only good song from the album. Shame. 
Lamb "Fear of Fours" (UK import)
Absolutely fantastic. Eclectic double-bass driven trip hop with really quirky vocals. Definite sex music. And I love 'B-Line', 'All in Your Hands', and 'Fly'.
Lamb "What Sound" (UK import)
So completely different to "Fear of Fours", but still just as unnerving and addictive. The double bass is replaced by IDM, and Louise's vocal quirks are now refined and ethereal. Try 'Gabriel' and 'Small' on for size if you don't believe me.
Later (with Jools Holland) "Brit Beat" (UK Import)
I was so lucky to get this out of print compilation. It has soooo many great bands on here, all giving live performances. I bought it solely for Pulp's version of "I Spy" with a backing orchestra, but there's also Bluetones, Supergrass, Blur, Radiohead, Ash, Suede, Charlatans...
Leaves "Breathe" (UK promo)
I must admit that it took me a while to come around to this cd, but in the end, I think it's a solid first effort for a band that'll get better and stronger with each release. But for now, simply hit & miss feel-good indie.
Lemon Jelly "Lost Horizons" (UK import)
A chill out album without all that comedown-baggage normally associated with it. Favourites on here are 'Rambin Man' and the kiddie-joyous 'Nice Weather For Ducks'. Love the accompanying screensaver, too!
Lemon Jelly "Nice Weather for Ducks" (UK import)
I just love it when bands release my favourite album track as a single. And of course, with Lemon Jelly, they have to create a stunning and (in this case) downright adorable video, too. Sometimes I wish the real world could be as carefree and innocent as the land of the Jellies...
Lemon Jelly "Space Walk" (UK import)
Ky was a bit lost on me for all its retro feel, but this is just beautiful, mixing acoustic guitars, samples, and dance beats in equal measure. And you can't beat the optical illusion of the packaging - is the cd there, or is it missing? Simple joys.
Let's Go "10 For the Road" compilation
Got it free when I bought my Let's Go Europe travel book. The only noteable songs on here are Cake's 'Sheep Go to Heaven' and theaudience's 'A Pessimist is Never Disappointed'.
Liberty X "Being Somebody" (UK)
I never saw them on tv, so I'm strangely able to like their singles without the weight of that "reality tv group" stigma clouding my judgement. So it is with a clear mind that I can say... this album is not very good. Richard X saved them on "Being Nobody", but I really wish he'd stuck around to help on the rest of the album, too.
Libido "Killing Some Dead Time"
I'd had their song 'In My Shadow' on a compilation for ages, and I found this whole album for a dollar in San Francisco. Call me a sucker for Scandinavian poprock ("you're a sucker for Scandinavian poprock!"), but this was horribly overlooked.
Lick (signed UK import)
I was bitching about never getting any cds in the post, so Adam gave me this to shut me up. It's a 2cd compilation of recent R'n'B and hip-hop tracks, like Mary J Blige, Misteeq, and Outkast.
Linoleum "Dissent" (promo)
Picked it up because I heard they were good, and they are, rather like Elastica or some other british female group. I like On a Tuesday and Dissent and Marquis alot. and the French remake is great, as well...
Lisahall "Connection 17" (promo)
I liked this song when it was on rotation, so I got it once it came off. Bouncy kind of song. happy is a change for me.
Live "Mental Jewelry"
The hometown boys! Great first album that deserves a listen, for songs like "the Beauty of Gray" and "Waterboy".
Living Things "The Blackout Generation EP" (UK promo)
They studied from the same school of rock as Eighties Matchbox, but have come out with a different attitude altogether. There's so much promise here in this first offerenig that you can't help but wonder - (whisper it) are they the ones to save rock?
Lo Fidelity Allstars "Don't Be Afraid of Love" (UK import)
I was actually holding out for the US edition since the Brits are missing out on the bet song on the album, 'Cattleprod', due to nasty Beastie Boys-sampling issues. But my copy was free, so's I ain't complaining, really. Overall, I feel this album is a strong effort,
with 'Sleeping Faster', 'LoFis in Ibiza', and 'On the Pier', but it just feels more comercial and somewhat Moby-Play-y. Which, to say, is still better than most.
Lo Fidelity Allstars "Ghostmutt EP" (lmt ed, numbered UK import)
Fantastic packaging, and an even better sound inside. I've waited ages for this release, and it's everything I hoped for -- 'The All, The All' and 'Voodoo House' are perfection.
Lo Fidelity Allstars "How to Operate With a Blown Mind" (promo)
Got it for Battleflag, kept it for Vision Incision and Blisters on My Brain. and they were fucking incredible in concert mmm. lofi.
Lo Fidelity Allstars "LoFi's in Ibiza" (UK import)
I'd had a live version of this song for months before I actually got this oh-so-satisfying clear copy. I cannot listen to this without completely embarrassing myself with a dance routine.
Lo Fidelity Allstars "On the Floor at the Boutique" (Austrian import)
I'd never believe that the LoFis could make me love funky hiphop beats as much as I love this album. And they've got soul.
Looper "Ballad of Ray Suzuki" (UK promo)
Such a shock to the twee when this single came out. It's just so techno and rocking, afterall. "You're a Looper... Bunch of Loopers!"
Looper "Up a Tree Again/Who's Afraid of Y2K?" (UK import)
Really liked this double A-side: one for the non-album single that I heard live, and one for the fantastic Pulp remix of 'Up a Tree Again'. Good stuff.
Looper "Up a Tree" (UK promo)
I like alot of the individual songs on here, but unfortuanately the placement is all wrong. Having 6 songs in a row all in the same key is just a bit annoying. So this is definitely a singles album.
Lorien "Under the Waves" (EU promo)
Really not bad, but not good, either. A nice sort of unoffensive album, but it neither excites nor soothes. Middling.
Lost Highway soundtrack
Bought it for the Perfect Drug and Trent's other instrumentals, and ended up with the abominations that are Smashing Pumpkins "Eye" and the shit Marilyn Manson songs. argh.
Lowgold "Beauty Dies Young" (UK import)
I was looking for their album, but this was enough to appease me. I love their music, but I wish it wasn't so.... plodding. C'mon guys, bust a nut or something!
Lupine Howl "125" EP
These guys aren't just ex-Spiritualized members, they ARE Spiritualized. No, really -- this IS Spiritualized. Which kinda disappoints me, since 'Sniff the Glue' on an NME comp showed such promise and originality. *sigh*
Lush "Lovelife"
Long live britpop! I loved 'Ladykillers' for a year wihtout knowing who sang it, and the duet 'Ciao!' with Jarvis Cocker was just too fantastic to pass up, especially for $5 on a used rack. oh yeah.
The Last Post "Dry Land" (UK import)
Alan Kelly's voice sounds a lot like The Bluetones. His melodies will convince you he's just heartbroken over some girl, but he's hopefully about the future. He even recruits David Kitt to help him get over the breakup, and if there's a single fault to this album, it's that it's all too short.