Sgt_Kickaxe - 10:14 pm on Jun 20, 2011 (gmt 0)
Local will be locked up. People will look up widgets.mytown when they want widgets from their town. Managed properly such sites could become dominant because they bypass search.
There is a cult-like group of geo-domain owners who know the power of an exact match example.com but I think anything.mytown trumps even those in potential.