I’m willing to pay for a better product
I want a better product and I'm willing to pay for it. And it appears that the performance specifications that the settlement proposal now has will increase the quality of the .com product. If end user latency decreases and DNS name server availability is 100%, along with better across the network nameserver performance, then it's worth the money. Even absent better services, it's worth having higher fees (in my opinion) if doing so will help reduce squatting. One commenter mentioned that the way the technology industry works is that over time the price of a product falls even as the quality increases. Computers or TVs might be this way. But I think that operating a TLD works the opposite way. More people on the network, doing more nefarious attacks, means more costs for registry operators.