Janochka - 1:50 am on Jul 4, 2006 (gmt 0)

Hi,
I just downloaded opera 9 (am not familier with opera) and i noticed when typing a word with no extension or anything i.e mywidgets into the url bar u get to the actual site typed..same happans to ASCII and also to IDN domains.
What is the point? as the only advantage i see is to the site owner..but alot of disadvantages to opera users..can someone explain the logic behind it?
Thanks!
Janochka