Here is an interesting idea.  Would you like to have the domain name yourname.yourbusiness?

How about firstname.lastname?

Well thanks to those wacky and crazy people at ICANN and a few bottles of expensive French wine, we might see that go into effect sooner than you would think.  In an unanimous vote held in Paris, France last week ICANN has given approval for new top-level domain names including multilingual ones.  No longer will you just have the traditional domain name extensions.  Now you could practically have anything dot anything registered once all the regulation and paper work has gone though.  Unless something goes wrong, this should all go in effect in 2009.

Dr Paul Twomey, the chief executive of ICANN had an interesting quote:

“Like the United States in the 19th Century, we are in the process of opening up new real estate, new land, and people will go out and claim parts of that land and use it for various reasons they have. It’s a massive increase in the geography of the real estate of the Internet.”

Yeah, you’ll be able to claim a part of it if your a multi-million dollar company or have a hidden stash of cash hidden under your mattress.

Don’t let your blood boil yet.  I highly doubt that your traditional top-level domains are going anywhere.  People already have in their head that a web site domain has to be something with a dot com behind it (or dot org, dot net, ect).  Also it isn’t like you or me will be setting up our own domain name extensions because the application fee to get it going will cost around $100,000 or more.