How brilliant is the name of this new restaurant/lounge going in on the lower level of 160 E. Grand Avenue? Thanks to a tip from one of our eagle-eyed readers, we poked our head in and found that the former Riga-Tony's space (awful name by the way) is indeed being gutted to make way for Reagle [sic] Beagle, a moniker inspired by that "Three's Company" fern bar. We hope it will serve all kinds of '70s-inspired cocktails like tequila sunrises and pina coladas. UPDATE: We just found out that this spot is slated to open mid-summer, and will have a fun, upbeat afterwork bar focus. And, yes, a few kitschy cocktails. We can't wait.

Looptopia? A lot of people still don't know what it is. Let us help:

Here's what we can tell you about Looptopia: For starters: It's an all-night, Loop-wide party. It starts 5 p.m. Friday and offers theater, music, dance, and general spectacle until dawn and beyond on Saturday. It's going to be "uge." Seriously. Think Redmoon Theater, The Ponys, Brickheadz, dance parties, comedy, late-night exhibits, installations, music and, well, you get it, right? Get top picks in our Looptopia guide and find out where the indoor-outdoor party goes down. (Download our map.pdf)

Here's what we can't: Will this be an annual affair? TBD. How much did it cost? Can't say. What happens if it rains? Um, nothing: Indoor programming will suffice. Looptopia organizer, The Chicago Loop Alliance, is pretty tight-lipped about some of these more newsy item. Still, the Extrovert thinks the event's going to be a mob scene -- at least as people leave work on Friday. But will the Loop still be trendy at 3 a.m.? Will hipsters and culture vultures heave a collective sigh in Millennium Park over a free breakfast at 5:30 a.m.? We can't say. But if you see us there, save us some coffee, OK? Thanks.

No tickets to tonight's sold out Velvet Revolver show at Riviera? Well, there are still plenty of other ways to be entertained by the band. You can, for instance, read our interview with Weiland. The singer was certainly all over the place, and his comments about Guns 'n Roses singer Axl Rose managed to stoke the ongoing flame war on the Guns 'n Roses fan site Here Today Gone to Hell. We'd direct you to the thread, but it appears to have been disappeared after endless hearsay regarding the two rock icons. Funny, because we thought he was actually restrained when he spoke to us. In the past, Rose allegedly claimed that Slash bad-mouthed his Revolver band mates, calling Weiland a "fraud"; Weiland later said Rose should "get a new wig," calling him a "fat, Botox-faced, wig-wearin' f---."

We'll leave it to you: Should Rose be jealous of Weiland for being Slash's current main man? Is Weiland as legendary of a rock 'n' roll frontman as Rose? Or is he a fraud? Is Rose washed up? Will the forever-delayed new Guns 'n Roses album "Chinese Democracy" be released this century?