IMO. why can a news paper make money on tragic events?
If I may step in between the mud slinging for a moment, this is one argument that comes up a lot in defense of this stuff.
Newspapers, even gossip rags like most have them have become, provide value. They report news that people want to hear. Personally, I think an awful lot of reporters and newspapers are mainly parasitic garbage, but that's another story. Theoretically, at least, they provide a service.
The person regging a domain like this, though, is simply parasitic. Such a person can't even pretend to be providing any real value or service. That's the difference.
Why do we care, then?
As Reece said, all domainers are tarnished by this behavior. It makes it much more difficult for our industry to grow, thrive and get respect.
Worse yet...it's not as though the MJisDead.com guy makes any real money. I mean, I would be more understanding if someone sold their integrity and tarnished an industry for a big chunk of money.
All the real profits in domaining will come from serious business, and this behavior just makes it more difficult to get those profits. It's very short-term.
TKstark...that's a good post. But there still remains this: One person is taking advantage of another's tragedy for personal gain.