I'll play something of a devil's advocate and point out some "strengths" that .cc, especially as compared to many other ccTLD's (Not advocating the overthrow of the .com empire, however

).
1) Managed by Verisign (Yes, THE Verisign) and not some smaller, less experienced companies that would not have the advertising weight behind the extension that it could do (If it so chose).
2) Has had a number of large sales recently (Especially when compared to other ccTLD's) , see
http://www.dnjournal.com .
3) Short, memorable, and being used by a handful of county governments for their publicity (Increasing awareness)
4) Recent exponential growth in the development of the websites
developed.cc
5) And lastly, there are good names still available. Try to find a great 1 word keyword in .com, .net, .de, .ca, or other and you will be disappointed. .cc you could still get a great keyword combo for SE optimization as well as branding.
In any event, for full disclosure I do have a sizeable position in .cc so I'm not entirely unbiased, but I've all but given up on .name and .in that I also played in :gl:
-Allan :gl:
5)