If you allow usability and common sense you will be succesful. A searcher looking for german saucage is very likely to take both seriously:
GermanSaucage.com
and
German-Saucage.com
Sometimes maybe even the hyphenated one a tad more because of better recognition when it's spelled out in the SERPs.
I would consider Ger-Man-Sau-Cage.com to be stupid spam.