OK let me play the devils advocate for a sec. Suppose you knew about Las Vegas in the days when the mobsters were building it and you had the ability to reg domain names like : lasvegas.com,vegashotels.com,vegasvacations.com etc etc. Would you have done it?
I do sense a bit of that BS stuff regarding this particular auction ( 26 bidders & 2 bids) but I gotta say that the concept is a tried and true one. Having said that though, I don't think its worth owning all these names. Infact, I would rather own kingabdullahcityhotels.com (available) or kingabdullahcityvacations.com(available) than owning the names in this guy's auction for which the developers can later claim ownership or choose to call their airport and seaport something else.
This strikes a note with me because there is a mega project underway in western Jamaica for which I already own the xxxxxhotels.com, xxxxx.vacation.com, xxxxxcondos.com, xxxxxrestaurants.com etc etc. This development comes to market in 2013 and I am already seeing a trickle of traffic in some names. Unlike this guys package, the name of the development is based on the town it is being built in, which has had its name since the 1800s so there is little chance of the developers later claiming ownership. I have always thought that maybe domainers should probably spend more time in our local county and city planning departments requesting info about the planned mega projects in our areas and less time sifting through the drop lists. I came into the game late, but it took me maybe 24hours, after setting up my Godaddy account, to realize that if I wanted to make real money in this thing I had to look ahead. Way ahead. I do occasionally flip the odd keyword name but I realize that won't make me Frank Schilling money. LOL