jtara - 3:22 pm on Mar 23, 2007 (gmt 0)

Verifying the identity of the individual/company behind a domain name doesn't mean the transaction is safe - at least not for the common usage of the word "safe".

No, but it verifies that you are dealing with who you think you are dealing with - and not a phisher.

Banks, Paypal, etc. I'm sure welcome this.

Now, will the certificate issuers block issuance of certificates with names that are "confusingingly similar", though?