Demaestro - 10:54 pm on Oct 10, 2010 (gmt 0)
You could easily get nothing, by losing control via a domain arbitration @ WIPO/NAF or worse, find yourself being sued.
This is true, but if you do have a fan site up then you should be ok. Typically the squatter title is for people who don't develop the site.
If you have a fan site up and haven't been asking for money to hand over the domain then you are operating it in good faith and you should be fine.