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Rollo - 2:04 am on Mar 2, 2006 (gmt 0)
Valuation of domains is based on pure speculation. The guess of an "expert" is often little better informed that the guess of a lay person. The pruchaser typically has the best idea of the value as they are the only ones who know what they're going to put under the hood.
I would go so far to say that the entire domain appraisal industry is a bit of a farce. There is no reasonable way to value domains themselves (not to confuse "domains" with websites which can be valued like any other business) as there is for say real estate.