Pre-registration is now open for .co domain names. I registered a one keyword domain, two minutes after receiving the email. For some reason, I thought I should check to make sure it was not saying it was still available. It was!
There will be an auction at a certain time with all those who paid $299 to pregister the domain. So just because you pre-register the domain, does not mean that is the actual price you are going to pay for it. Apparently, this is the way the process usually works. Somehow I missed that on the promotional page, oops. Thought others like me might not know the ins and outs of the process in case you miss the fine print, which can happen when you are trying to register the domain before anyone else does. Best of luck in getting your domain!
[edited by: Webwork at 10:07 pm (utc) on Mar 15, 2010]
[edit reason] Tidying up [/edit]