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1) Why was it decided that .com,.net and .org address could have a minimum of 2 letters, whereas co.uk have to have at least 3? (it doesn't affect me at all, I'm just interested)
2) How come British Telecom own and use the domain name bt.co.uk? How is this possible?
3.4 Some existing names would be rejected under the current rules. Similarly, if the rules are changed in the future, some names approved under one set of rules might be rejected under the changed rules. No rule change will ever affect the status of a name which has been approved before the change unless sound technical reasons require this.
I think that answers the questions, more or less