As a registrar I object to the removal of caps

[jchan@xxxxxxxxxxxx]

The registries are single source monopolies with regard to the names.

I believe the .tv model is opportunistic but does not allow the registry 
to arbitrarily raise rates even with a 6 month grace period.  I would 
still be opposed to this model but the uncapped model on the table is 
abhorant. Here are some real world examples:
1) It would be like someone was in a fixed rate mortgage for their house 
and suddenly their bank raised the rates, telling them they could prepay 
if they want.  And they are the only bank in the world.
2) People have spent many $$$ building up their virtual properties, is 
google.com now worth $1 Billion dollars?  Well to the registry it might 
now be.
3) It violates the neutrality of the registry, if they can price it based 
on popularity can groups ban names?  They are no longer really acting as 
a "common carrier" but a tier provider.
Jay Chan
Nameking Registrar Admin