reg fee. Makes no sense (to me). Next....i mean say it was something like sexycams or webcams or something that made sense, then there would be value there, but the way I think of domains is what value does this offer a potential new start up? If I was starting a cam business, I would not buy this domain vs something that has more sounding appeal (sexy, erotic, whatever but next just means that...next).
Hope that helps (and makes some sense).
Good luck