iLounge’s editors are on-site at Moscone West in San Francisco, site of Apple’s Worldwide Developers Conference. The event will kick off with a keynote address from Apple CEO Steve Jobs and other Apple executives beginning at 10:00 a.m. Pacific Time/1:00 p.m. Eastern Time today. During the address, Apple will be discussing Mac OS X Lion, iOS 5, and its new iCloud service. As with past live events, we’ll be switching over to our optimized…