ICAAN Approves New Extensions - Domainers Nightmare or Dream

[GTP Dave]

The Internet's key oversight agency relaxed rules Thursday to permit the introduction of hundreds, perhaps thousands, of new Internet domain names to join ".com," making the first sweeping changes in the network's 25-year-old addressing system.
new names, expected to exceed $100,000 apiece

http://news.yahoo.com/s/ap/20080626/ap_on_hi_te/tec_new_internet_names;_ylt=Aj1tjhlEV0V4lbCFwxbhwI 4jtBAF

[Rochard]

This can be a disaster to people who own big expensive dot.com domains..... It will make theirs worth a lot less!

[Magnus3x]

As if Cyber Sqatting was'nt bad enough already, this is really going to pave the way.

I wonder what .sex will fetch.