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Expensive Domain Renewal

A post on the Digged Stories from the Digg dot Com has made me nervous.

Today is the last day for public comment on a new ICANN proposal that would allow domain name registrars to charge “market value” for your domain upon renewal. Got a valuable web business or domain? You might be facing a $1,000 or $10,000 – or an unlimited number – boost to your domain name renewal fee. Here’s what you can do about it. read more | digg story

What if I will be charged thousands of dollars for my domain name renewal? That’s not really a good thing for me.

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