I have jeejah.net, and would love to develop it into some kind of site for advanced mobile phone stuff. You'd have had to have read Neil Stephenson's Anathem to get the reference though.

Speaking of something that would be anathema to many here, if web sites are going to be 'properties', then why don't they have property taxes based on the last sale value? That might keep people from squatting - they'd be "forced" to either develop the site into something that generates revenue, or sell it. In theory at least... I don't really think it is a good idea, but it's something to consider.