ICANN opens up Pandora's Box of new TLDs

[yahoo at jimpop.com (Jim Popovitch)]

Two years ago I posed the question here about the need for TLDs
(http://www.mcabee.org/lists/nanog/May-06/msg00110.html).
I summerizsed that companies IP (Intellectual Property) guidelines
would never allow domain.org to exist if they owned domain.com
(ibm.org vrs ibm.com).    I felt that TLDs really represented a
monetary harvesting scheme as every new TLD forced companies to "pay
for yet another domain name" (slowly milking businesses).   At that
time several knowledgeable folks commented that TLDs  were necessary
in the beginning due to the need to distribute queries.   Now it
seems, ICANN has decided to add a new paradigm :-)   How will a TLD
like .ibm be handled now, and how is this different than what I
proposed in 2006?

-Jim P.