Domain registrars will often make the initial registration of a domain cheaper than the renewal costs. Beware the renewal costs, or be prepared to rename to a new domain.
An interesting thing about CLIP is that when it doesn't know what something looks like, it instead generates pictures with the search text in them. That's why it confuses "an iPod" with "a piece of paper with iPod written on it".
Honestly, I probably wouldn't, I don't want my mental vagaries of what a Grue looks like to be set by some random image.