TinkyWinky - 7:52 am on Jul 13, 2006 (gmt 0) Exactly what's wrong with the whole system IMHO.
You don't have to have deep pockets to squat. I was under the impression that one could put down a 100k security deposit with ICann become a registrar and then register domains for .25 a year. Throw on adsense or a landing page with a private-label PPC engine and you've made up the cost. You then wait and hope that 5 to 6 percent of the domains get sold to businesses and individuals who want the name.
Exactly what's wrong with the whole system IMHO.