It depends what your goal is. IMO the best bet is to find bargains on auction, or from other domainers, but if you are talking about hang regging you don't have that many options as all valuable short domains and single words are long gone.
Brad
ddesigns said:
Thanks brad for your valuable input, so that best option will be going for two word brandable / useful domain, right ??
If you are from India you may be better off trying to register/buy short .in domains and sell them to domainers from the usa as you may have a better knowledge of Indian English than domainers from the USA and quite a few bloggurus are interested in .in domains.
Play your "homegame".
Nice advice , but it seem we have no chances. For free drop , there are huge amount of sharks around and domains are nearly automatically grabbed once it released . We can only bid for expiring LLLL dot com from after domain market (TDNX , NJ , snapnames) and their prices plus renewal fees minimum $18-20.
Better if you try to grab LLLL.com in ebay , there are loads of them for cheap .