Want to be the next .com? $185,000 please!

The Internet Corporation for Assigned Names and Numbers is coming up with a way to allow third parties to create and own new top level domains such as .com and .org for $185,000.  The proposal would also open up these top level domains to use non-English characters such as Chinese.

In my IST 220 Networking and Telecommunications class, we are learning about ICANN and how the Internet actually works.  I think that it would be pretty cool to create a new top level domain.  Maybe I can move my blog to http://www.wasistdas.awesome!