how do you think .pro will fare against the new TLDs coming out, taking into accounts the former's reg requirements?
The application process for new gTLD's starts in early 2010 so by the time they are awarded .pro will have a 5 year+ head start in terms of gTLD ageing. Only .com, net, .org, .biz, and .info will be older. There are two potential benefits for .pro of the new gTLD's; abolition of restrictions more awareness and acceptance among end users of alternative extensions like .pro.
If RegistryPro don't use the upheaval to get rid of restrictions, total .pros registered will crumble and the registry will go bust. .pro cannot possibly compete against a wave of unrestricted gTLD being sold by everybody to everybody when .pro's market is so tiny. I don't see how ICANN could object to the removal of .pro restrictions, .pro was restricted as one of few very gTLD's, when it is one of many it will only lose even more money.
The greater awareness issue is contentious. Some people would argue .com will benefit from the confusion and lesser known alternative extensions like .pro will suffer most. Trophy .com sales are unlikely to be affected by the extra gTLD's but that's only a thin slice at the top of 81m .coms. I think it will make life harder for people trying to make money further down the .com chain because money will be spread across more extensions at lower price points.
This intra-extension flight to quality will be repeated across existing alternative extensions. More people will know about .pro and hopefully more people will be able to register it so demand for the top keyword fits like Golf.pro and Poker.pro will be higher. The pressure will be on keywords where there is no obvious fit with .pro. If you can buy those in another 50 gTLD's and some of them fit better than .pro, you are going to have a problem. Will there be 5m .info domains registered after another 50 gTLD's appear? I doubt it. Total domains registered in current extensions, particularly alternatives, are likely to be hit by new gTLD's.
If .pro drops its restrictions, I think it can compete. If not, it will be a lingering death for RegistryPro and the extension itself might not survive. I will continue to renew my top fitting keywords because there will still be a chance another registry will take it over in return for the removal of restrictions and the waiving of the $50,000 ICANN new gTLD application fee. If RegistryPro don't get rid of restrictions in May 2010, I will reduce my .pros by 50% during the following year.