Welcome Pranav
The Punya Jayam for our son was held yesterday (29th Oct ‘06) and we have named him Pranav (which means OM). The choice for the name was rather tough with names like Abhishek, Rahul and Rahul (& not to forget Nikhil, Aditya, Navneet, Manav etc) featuring in the list. Our personal preference went from Rahul to Pranav and thankfully the public vote also indicated Pranav
The considerations that we had while choosing a name for the kid were that it should not feature high above in the class roll number for the kid (an important consideration … which is why names starting with A did not make the cut), should be pronounceable by anyone anywhere in the world and it should be short (ask me 
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The Divine sound ‘OM” is also called Pranav because it originates from Prana (the vital vibration). We hope that Pranav likes the name we have given him
Pranav’s a great name. Congrats!
But being a Roll # 1 for most of my schooling life, I wonder why was that a consideration???