Re: I just don't get these new TLD's
The days of someone owning the .com and wildly guessing that to be so are long gone. You google them, nowadays. I remember when novatech.com was actually a military supplier whereas novatech.co.uk was the company that sells computer stuff. After the third time you do that, you no longer assume and you Google or remember the domain.
Hell, people don't even know how to type in addresses any more, they just google them - I'm not joking. People will Google "GMail" and then click the link they know works.
Domains are dead. Certainly owning the .com for a brand is not guaranteed by a long shot. And the home idiots are googling what they want, rather than typing in the address anyway.
In that climate, there's absolutely no need whatsoever for a domain name besides vanity. Let's call these what they are - vanity domains. And bought by the same people that want to own B1TCH as a number plate.
I can't remember the last time I actually bothered to type in an address that wasn't written down exactly (e.g. in an advert), or well-known to me. Nobody takes a stab at .com addresses "just in case". That's a perfect way to end up on a scam site.