“After
years of twiddling their thumbs over the issue, ICANN has voted 13-0 to
begin the bureaucratic process of putting an end to “domain tasting,”
the slimy practice whereby speculators buy up millions of URLs but
avoid paying any fees because they renounce the names within a 5-day
grace period.

   How do they propose to accomplish this? Simple: Ditch the grace period.”


So, I guess the next time I got to register a domain, I should really uze spel cheek, shouldn’t I?
On a more serious note, I REALLY hope that this helps to kill some of those really crappy websites that are just pages and pages of ads and dead links.  They just annoy me, but I can at least be thankful that I’ve yet to have trouble with domain name availibility.


Read More (and quoted from) here :
http://www.networkworld.com/community/node/24521