I think it has some worth.... $XXX or more.... .in is the way to go right now, "in" my opinion. That is all I am buying for a while. I think right now a person has more of a chance to make money with a .in domain, than any other. There are still hundreds, or thousands of good words to register. If not the .in, there is the .co.in. I don't think i would buy any .net.in's, though.
I would rather have a single word .in, such as detect.in, versus a mutiword .com, since you can't find very many single word .com's worth anything.
Frank