Ryan Singel:

The country code for Colombia, .co, is making itself available to the public in June and is marketing itself as a high-end top level domain with the cachet of .com without all the problems of getting a decent name. That difficulty is perhaps most evident in the fact that every possible combination of four-letter .com domain names has long been registered, and even a decent five letter .com domain name can cost tens of thousands of dollars.

Posted by Ben Brooks