DNS Fool

Yesterday ICANN moved forward with a proposal to expand the DNS namespace by allowing private entities to stake out new top level domains.  This is probably good news in the long run, but it may be the source of confusion for some in the immediate future.  Is my banking account at citibank.com or www.citi ?
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ICANN is set to vote on whether or not to open up the top-level namespace to individuals and companies:
“It’s a massive increase in the geography of the real estate of the internet.”
For example, the new policy would allow NBC to purchase the .nbc top-level domain and use it for things such as seinfeld.nbc, friends.nbc, and [...]

Two teenage “hackers” take control of comcast.net:
The hackers say the attack began Tuesday, when the pair used a combination of social engineering and a technical hack to get into Comcast’s domain management console at Network Solutions. They declined to detail their technique, but said it relied on a flaw at the Virginia-based domain registrar.
And
The hackers [...]