A great New York Times article why relaxing top level domain names is silly/dangerous and has little potential benefit.
They're much better off not messing with TLD's....it's just going to cause widespread chaos. Don't we have enough scamming out there already?
"Becareful what you wish for...it may end up on the internet"
Well the matchup is:
Widespread Chaos vs. Bling Bling.
Wonder who is going to prevail.
Hmmmmmm.
well...bling bling fo schua...
I believe this will backfire on them...only time will tell.