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Comment by joering2
My take on domains is that they are way too cheap. I would love to pay $500 per year for a domain that I sincerely NEED. Domain is indeed a good start, but because they are so cheap to grab, there is a "dictionary rat race" to hold on to every possible word that dictionary has to offer. I think this fact alone played a huge role in entrepreneurs giving up on "awesome" names and just going along with creating a new words: like flickr instead of flicker, plus hundred other examples.