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tedster - 12:31 am on Oct 20, 2011 (gmt 0)
Good. If you own (or can own) the ccTLDs, I think that's the best way to go.
If you have a presence in many countries, then there is an administration overhead involved keeping track of the various separate domains, but from what I've seen this solution does generation the best chance for a presence in the Google ccTLDs.