Hi Jonan,
Yes, this is a strange result, and while I (sort of) understand the cause I'm not quite sure how to fix it.
The problem is that we use a stemming full-text search indexer. When you enter "LiVES" in the search box, our searcher reduces this to the base English word "live" and returns all projects that match "live".
The projects are then sorted by some messy heuristics that include popularity and "relevance". The rule "I typed the project name exactly" is unfortunately not one of the sort heuristics :-).
Most of the time this ball of duct tape and bailing wire gives pretty good results; I don't think we can fix this quickly but I'll put it on our bug list.
Thanks,
Robin