Get some ice in a tall glass. Pour in a couple ounces of Malibu coconut rum, then fill up the rest with Sprite lemon-lime soda (a little less than a can, usually). Add the tiniest dash of grenadine to give it a little color and a different type of sweetness.
The result is the perfect "ladies' drink", for those lightweights in your party who maybe don't like the stronger tasting alcohol that attends many cocktails. It's very reminiscent of a pina coloda but goes down even sweeter. I haven't experimented with a blended version, because soda doesn't blend too well.