Yes, it opens up new territory and devalues squatters, but only for a short while. After companies and squatters grab the new URLs they want, the situation wil

Yes, it opens up new territory and devalues squatters, but only for a short while. After companies and squatters grab the new URLs they want, the situation will be the same as it is right now, except we'll have many more domain registrations pointing to the same amount of content. And don't expect the price tag to maintain sanity... The ICANN will gradually lower that over time to increase revenue, just as they have with regular domains, and just as they are doing right now by making TLDs available.