I have a project idea for a website. It will be a user contributed content type website. The project name starts with letters "g" and "s", e.g. "Great Steak" (made up). Obviosly GreatSteak.com is already taken since 1995, but lots of awesome variations for .gs are still available.
I was wondering if it would be a problem with search engine rankings? Would Google, Yahoo or MSN devalue based on the ccTLD?