Right. What happens if they're all German, all French, all Norwegian, all Czech etc. ?
I'm very much in favour of the orthographic democratisation of web addresses, but I can't see how the potential tide of abuse can be controlled without a human-staffed domain-spam-watch taking reports in from webmasters who see phishy versions of their own domains. And that's just not practical.
[edited by: ronin at 4:13 pm (utc) on Oct. 26, 2009]