So according to that, Linus says, "Leenooks" (or "lean-ooks" where the first part rhymes with "dean"). "But", says another camp, "that uses vowel sounds that are not used natively in English!" So the issue isn't dead. Linus is from Finland, but he is among a population that natively speaks Swedish, so he isn't going to say it like an American (or any other native English speaker) would. This argument is given credit by the fact that Linus has lived in the states for a while now and is starting to pronounce words like an American. People who have heard him speak report he is saying it more like the versions below.
So two popular "Americanized" pronunciations for "Linux" have developed. One group (this zealot, for example) claims that proper English would dictate that it be pronounced as "Line-uks" (or "Line-iks", which are similar enough for me not to differentiate between them), with the first part rhyming with "pine".
The second popular "Americanized" Linux pronunciation is "Linniks" (or "Linn-uks", again similar enough that I group them together) rhyming with "cynics" (thanks to this guy for that analogy). This version "rolls off the tongue" for me and sounds "right". I think the first time I saw the word "Linux" without thinking about it I assumed it was pronounced this way and it stuck.
As clearly heard at LinuxWorld during their speeches, they actually pronounce Linux as "Linnix," not "Linnux." This may result from the OS's origin in the OS Minix and the "ix" in Unix. (Note that we do not say "Oo-nix.")
Сначала разработчики хотели сделать, чтобы синтезировалось как «линукс», но к ним в комнату ворвалась горилла с интелигентным выражением лица, одетая в колготки в сеточку, и покусала их.