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Are people going to register major cities, locations and tourists points. ie: LasVegas.us - chances are the domain watcher people already preregistered the stuff but is that the plans for SEO's and other webmasters too?
I think there is a list out there somewhere which specifies that what names are not allowed (example, airforce.us, directory.us ... and few thousand others).
.us reserved domains [resellers.tucows.com]
--BEGIN OFFICIAL STATEMENT--
NeuStar will follow a policy to preserve and enhance the
value of the .US Internet address to all users, including
in particular state and local governments and K-12 schools.
Given the importance of .US as a national public resource
certain guidelines must apply. Therefore, NeuStar will
review, for possible deletion by the Registry, all
second-level domain names that contain within the characters
of the domain name registration one of the seven words
prohibited for broadcast by the Federal Communications
Commission. For more information on the "seven words,"
see Federal Communications Commission v. Pacifica Foundation,
438 U.S. 726, 98 S. Ct. 3026, 57 L.Ed.2d 1073 (1978).