For those of you who are annoyed by the Library folder being hidden in your user folder in lion. Here is the terminal command to make it unhidden. You will have to change to you superuser to do it though.
chflags nohidden /Users/
/Library
Now if only I can change back the permissions on my Utilities folder so I can read and write…
A Quick Note: It looks like then 10.7.1 update reset this, so I guess you will have to keep making this change if you want to be able to see your library at all times.