Well I think it has some value and it's a good name to develop into an expired domain web sites, where you can provide lists with domains that will expire. Without deveolopment, i dont think it's worth so much...
With a reg fee of $15 I think that you will easily be able to make your money back, possibly with an extra $10-20. Develop it into some form of domain checker, etc. and you have a gold mine on your hands!
now seem a little bit under reg fee, maybe $10 ~ $13 now
.cc is best to be developed for a period of time if wanna getting good income from it.
my friend is doing as he is a .cc favour.