How do we refer to the last decade?

Today a friend of mine posted a facebook status that said, "Has anybody figured out what to call the last decade yet? The Zeros?, 2000s? The '00s? I think this needs to be settled."

It reminded me of a Ian Svenonius interview I heard from 2006 after his book The Psychic Soviet was published. I'm paraphrasing here, but in the interview, Svenonius talked for a little bit about how the first decade of a century is generally forgotten by history because it is rarely referred to since no one knows what to call it. He said that in the late 20th century, he told people to get done what they needed to get done before the 21st century started, because until we figure out, universally, what to call this decade, everything you do during it will be forgotten in the long run.

He referred to the last decade as the oh's, and I like that. I guess that would make the first decade of this century in particular the twenty-oh's. It makes sense to me since people refer to the individual years with the word "oh". For example, '05 is pronounced oh-five and '08 is pronounced oh-eight. This is the only decade of a century where any year's pronunciation includes the word "oh". Just as 1925 is pronounced nineteen-twenty-five. Drop the "five" and you get the name of the decade. Nineteen-twenties. 2005 is pronounced twenty-oh-five. Drop the "five" and you get the name of the decade. Twenty-oh's. It's not perfect, since you can't refer to it with numbers, but it should be simple enough writing "the oh's".

"2000's" doesn't work in my opinion, because it makes it sound like you're talking about the entire century, much like saying "the 1900's" or "the 1800's".

So my vote goes for "the oh's" and more specifically "the twenty-oh's" for the universally accepted name of the last decade.