It doesn't really. The canonical is L (uppercase). In practice lowercase l will never appear, unless for some reason you want it to (you could convert L05ER to l05ER just for presentation, there are worse leetspeek offensive terms that would be allowed though).
Also the U/V thing neatly gets rid of FUCK. S/5 and I/1 take care of others.
You don't want upper-case in URLs for social reasons. It simply looks out of place, takes more screen real-estate, and stands out unnecessarily.
I'm just saying, if canonical is good enough, "S/5" fix isn't sufficient to get a whole new standard then. If it isn't good enough, then the value this one promises over Crockford is arguable due to lack of I/l/1 aliasing.
It doesn't really. The canonical is L (uppercase). In practice lowercase l will never appear, unless for some reason you want it to (you could convert L05ER to l05ER just for presentation, there are worse leetspeek offensive terms that would be allowed though).
Also the U/V thing neatly gets rid of FUCK. S/5 and I/1 take care of others.