robho - 9:16 pm on Jun 20, 2011 (gmt 0)

The current valuations on most .info and (especially) .biz domains shows how worthless most of these new extensions will be.

There's no shortage of .com's, no reason to add more extensions. What's needed is some education in the market, to let people know that it's possible to buy a domain second-hand.

Most small business owners think if a domain is gone, it's gone. It's not, it's just waiting for a buyer - every domain has a price.

It's like thinking you have to build a new office on a new street, because the existing street is full of offices. Look at the "for sale" and "to let" signs on that street before building new offices in a secondary location ...