I strongly dislike it. I read your subject heading as "Lo," for one. And yes, she would have to tell people how to spell and pronounce her name all of the time, and I'd guess would also be faced with constant questions about the name, as well, e.g. your name is what? What does that mean? Is that a nickname for something.
Yeah, those were some of my thoughts! It does look like Lo! I don't think she's one of the better-known characters from Greek mythology, so lots of people won't have heard the name. It's a shame, though, as I think it's pretty.
I know that the "yuh" sound is imply as one goes from the eye sound to the oh sound, but in general, all-vowels names are almost non-existent in English-speaking cultures. It's just too weird, basically. At least IMO.
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