I don't understand why Snoop decided that LLLL.com market doesn't have future. Yes, it collapsed (but only in comparison with very short time in February). LLLL.com low-end prices are quite firm for recent two months after hype and hysteric in January-February. Yes you can buy them now even for 26-27$ sometimes (worst ones). I purchased majority of them in November-December for less than that and if I sell them today I will still have ROI
But what's interesting. We see these prices (3-4 regfee for worst) even taking into consideration that there are about 50 daily drops. Compare prices of LLL.biz and number of drops of LLL.biz. This one factor shows how strong LLLL.com market may be after number of drops reduces. It will reduce sooner or later, when minimum price of worst LLLL.com will be around 50-60$ and when we will see one full after-buy-out year passes (it will mean that LLLL.coms will be in hands of investors). How many drops of LLL.coms we have today per month? Now multiply this number * 26 and you will get how many drops we will see in 4-5 years.
Generics are good. Nobody argues this. But prices are so high that it's impossible for newbies to take part in it. Everybody is confident that LLL.com prices will continue to rise (as I understand to the extent when you cannot already sell it with ROI to end-user and when end-users will be struggling with investors to own them). But with this confidence don't you accept that it becomes more and more impossible for newbies to take part in domaining at all? LLLL.com is exactly niche that will have very important role in domain history.
Rich people currently become even richer while poor become even poorer. I see that interest at drop auctions for even low-end LLLL.coms at these prices is huge and I see more and more newcomers to these auctions. 2008 year will be decisive in LLLL.com history. After everyone will see that there is no drops (and there will no be too many drops to crash the market, I think that number of drops will be ordinary or even less) the prices will start continuously rising the same as today they rise for WJZ, JQK, JYQ, XJQ, YXQ, OYY, YKQ, VZY etc.
And as I already told this...
Possibility of YXQ.com sale to end-user with 50% ROI is significantly less than possibility of YXQZ-type sale to end-user with 1000% ROI.
I fully conscious that LLLL.com market is speculative the same as LLL.com market today.