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domain lolspeak.com Sell or Develop?

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uselink126

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I own lolspeak.com. I bought it because I had an idea for an app that I haven't yet had time to develop. I have a tumblr blog up there now which is ranking well for the search term lolspeak (#9). I hadn't really thought about selling it till I got some unsolicited email about selling it.

I know the icanhascheezburger guys are turning this sort of stuff into gold, but I think that is because they have a killer app. I am not quite there.

I would like to develop it (eventually), but I don't want to sit on it, if it is valuable.

Thoughts on it's value? Also if it is sellable, thoughts on the best place to sell it? (oh yeah, I'm a total n00b)

Thanks,

Al
 
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