Domain registrar's don't prey on you.
You own the domain. You can take it and they can't withhold it.
The registrar is already doing what this site is doing. I don't have a problem with a site making it easy to setup. It's the site holding a thousand website domains.
What you are asking for is different.
If FolioHD said:
Have a domain in mind that you'd like to use? Type it here and we'll do all the work setting that up.
What they are actually doing is:
We've bought these 900~ domains and we are holding them. Pick one you'd like and we'll set it up.