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Has anyone ran into this situation? Currently we have it setup for xxxx.hostname.com but that wont cut it as a final product.
Check out the product page for Bind. Two sub-directories down and it holds a PR8.
But if you really want a domain name to match the product. Keep looking. Or perhaps approach the owner of a name and offer a few hundred for it.
Another option could be to use a company name for the domain and put the particular piece of software into a directory. If other products are added they can be in additional directories, with branding having already been established with the success of the first one.