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I'd love to hear what people think about the 5 day grace period and how it is abused by domain tasters. It's not about the money. It's about the fact there are millions of domain names being held as unavailable because of companies, not just NetSol, abusing the 5 day grace period.

With some domain tasters, Guy 1 registers the name for 5 days. Guy 2 who knows guy 1, picks it up for 5 more days, then Guy 3 who knows them both picks it up for 5 days, etc. They never pay for the domain name.

I find nothing wrong with domain speculation where someone registers a name with the hope of selling it for a profit. They at least paid for the domain name registration and have a legitimate interest in the name.

There were more than 260 million domain names tasted and dropped during the grace period in the last 6 months according to some sources. I don't know how accurate that is, but if it is 1% accurate, 2.6 million domain names, it's way too many domain name being held up from legitimate registrants.

ICANN has been asked to do something about this and they have waited for years to do so. Now their best solution proposed is to charge 20 cents per domain name dropped during the grace period. That is not stopping domain tasting. That's declaring that ICANN wants to profit from the practice along with the tasters.