Looks like another player has entered the live domain name auction arena, and I think this should be good for the domain investment business. Of course I like the lower commission, free bidding without mandatory attendance, and other features that will make this a smooth auction. It seems like an auction with 450 names will take quite some time though. Also of interest is that they will only permit 20 names to have reserve prices of $100k or higher. I am looking forward to watching this live online and possibly participating!