http://www.bbc.co.uk/news/world-middle-east-15385955
Wow! After so long I wasn't expecting the BBC to ever get to use that headline (as they've obviously been aching to do).
It is reported that Gadaffi was found hiding in Sirtre, which incidentally the NTC are also claiming to have taken back from Gadaffi loyalists. He is meant to have been wounded in both legs but taken alive by the NTC fighters.
If the reports are true then Gadaffi was taken to Misrata by ambulance. It seems strange that he didn't flee the country but maybe he was caught unawares by the revolt and was too prominent a figure to easily slip over the border with the NATO countries and rebels tracking him. Sirtre has long been named as a possible hiding place for him.
I suspect the transitional government is planning the trial already.
[Edit] - Meanwhile Reuters are saying that Gadaffi has died of wounds sustained during his capture. There is much speculation about whether other high ranking Libyan loyalists have been captured or killed alongside him.
[Edit. Edit] - "Italian Prime Minister Silvio Berlusconi says the war in Libya is "over", according to Ansa news agency." Well done Berlusconi. Even the NTC representatives are urging caution until the reports are confirmed. What political purpose is served by you jumping the gun apart from possibly making you look like an idiot?
[Edit, Edit, Edit] - And it is pretty much official. Footage of Gadaffi's body has been released and the NTC have promised to release further details later in the week.
[Edit, Edit, Edit, Edit] - Spiegel shows its usual frankness. Sub-headline:
'We Have Been Waiting for This'