Many of these gTLDs sound exotic today, but I bet 10 years from now they will be nothing special. I for one welcome it, if only to dethrone the dot com. It doesn't make sense for us all to try and squeeze into the same limited gTLD space. Perhaps this will be the most efficient way of killing off domain squatters, by flooding the market with viable domains.
It's just a matter of time before half of all links submitted to HN end with ".js".
Two-letter TLDs are reserved for ccTLDs - they're assigned based on the ISO country code (ISO 3166-1) of the country. As there is currently no country with the country code "JS", the TLD cannot be assigned.
Sounds like it's time to found a new nation-state. National exports will include whatever I happen to sell on Ebay that year, and millions of dollars worth of domain names :-)
So far a whole buttload of TLDs have failed to dethrone .com. I suspect adding a huge collection of new TLDs might actually make .com _more_ valuable. After all, if you hear about some company or product, are you going to guess foobarbiz.randomstring? Heck, most browsers will guess foobarbiz.com for you.
No wonder Google wants in: (a) they can profit off their worldwide infrastructure and (b) everyone will have to use Google to figure out which .foo or .bar they need! /cue maniacal laugh
It's just a matter of time before half of all links submitted to HN end with ".js".