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Re:Domains are inefficiently priced -- small domain owners a... by vaksel on Wednesday August 18, 2010 @05:47PM (#1615720)
ooh I want to bid on some stuff...http://ebay.com...404? WTF

your plan would pretty much eliminate 99% of websites.

Re:Domains are inefficiently priced -- small domain owners a... by dstein on Wednesday August 18, 2010 @06:34PM (#1615841)
There of course would be a period of migration.

Ebay would tell ICANN redirct ebay.com to ebay.co.us indefinitely. And maybe at some point in the future .com is entirely eliminated.