I recommend this short article from The New York Times:
Mr. Lawley said more than 100,000 domains have preregistered. He said he expected that when the dot-#*$! domains open for business, between 9 and 12 months from now, some 500,000 domains will register, or roughly 10 percent of the five to six million adult online sites.
But Ms. Duke said many of those are likely to be “defensive” registrations, from businesses that want to prevent their names from being hijacked. Mr. Lawley said businesses can ensure that their names are not misused in the dot-#*$! world by paying a one-time fee, to be set between $50 and $250. [nytimes.com...]
Um, isn't that extortion? "When a person unlawfully obtains either money, property or services through coercion." Oh, wait, "unlawfully." This is different. This is legal extortion or blackmail. Gee, I feel better now.
I think this will be reconsidered and ICANN will drop the idea. There are all kinds of problems with this.
But, comics are going to love it! There is all kinds of material here. Example, a la Letterman or Leno: "Here's a scary thought: <insertPersonalitynamehere>dot X X X. Noooo, we don't want to go there! No." "Or, worse, <insertPersonalitynamehere>dot X X X!" (Shot to band leader, shaking his head; back to host.) "But, this would work a look: <insertPersonalitynamehere>dot,Triple-X." (Drum rim shot.) "Yeah, that might be interesting." (Audience laughing as host winks at the camera.) "Yeah?" (Cue band.) "We'll be right back with Brett Tabke!" (audience goes wild as camera pans out)