Do it yourself
Why are they outsourcing? Running a domain registry isn't rocket science. Even if their operating costs were 10 times higher than Verisign's (for example because the computers are in Australia), that's still only $7.50 per domain, versus $50.00 per domain in revenue. They've had 20 years under Verisign to think about this, and all they could come up with was to listen to some shyster at renewal time.
Plus then they could control the marketing. Send a postcard at domain renewal time, "Thank you for supporting the Tuvalu economy. Your registration pays for one child to attend school for 2.7 hours." (I made that number up.)
Biting the hand that feeds IT
