bakedjake - 1:41 pm on Nov 22, 2013 (gmt 0)
This is a North American perspective, but I think it's analogous to what happened when new telephone area codes were introduced. Having a "good" (easily recognizable, repeatable, etc) number in an old area code makes your business look established, so their value went up.
The same thing will happen with .com. cars.com looks better than findmotorvehicles.info, just like 212-444-9000 says a lot more about your business than 917-301-9824.