TheStreet.com: “"$12 to me is absolutely insane," says Tom McDonald, founder of domainwatch.com, a service that tracks the domain name registrations of all registrars. "Who knows? They'll probably get it. They've got quite a bit of pull and they've been around a while." McDonald says a fair price would be less than $1 a year.”

Truer words have never been spoken. I’m surprised that we are still having this same conversation 7 years later. This article was written in 1999.