$ ping news.yc
PING news.yc (174.132.225.106): 56 data bytes
64 bytes from 174.132.225.106: icmp_seq=0 ttl=47 time=204.946 ms
In fact if I was PG I'd deny access to any other host in the request headers .. that'll keep out the proles.Anyway, I think the new gTLD scheme will be a (qualified) success. Just not quite for everyone. But a lot of people will snap them up. http://www.ibm/ will be irresistable, and there's a lot of interest already from cities, etc (.paris, .roma, etc).
On the subject of domain squatting - all I wish they'd do is massively raise the prices on .coms. It is ridiculous for people to be able to squat on them for $7 a year. And if they are sold, or for sale, the owner should have to pay property tax at the sale price for the duration of his ownership.
I don't mind people owning and trading "investment grade" .coms - what I can't stand is people buying tens of thousands of the damn things and then just sitting on them because they're so cheap.