"The Net"

[Scott Brickner]

Ray Arachelian writes
>Well, the loopback is only a single IP address.  If they used that, every 
>net.entity would have the same IP.  Not too good. :-)

Nope.  *Any* IP address starting with 127 is a host loopback address
and shouldn't appear outside the host.  This from the "Assigned
Numbers" RFC (STD 2).

127.0.0.1 is only convention.  It's the "first" loopback address.