The new .mac and we don't mean mobile me

Most people don't follow meetings of the forces controlling domain extensions. (.com, .net, .tv, etc.) However, a decision by ICANN now allows for the creation of a multitude of top-level domains, and yes, one could be .mac

The consequences of this decision will be huge for the domain squatters of the world. Will the expansion of all this virtual real-estate lead to a plummet in squatting because so many domains will be available, or will existing companies have to buy more domains to protect their trademark/image? Apple for example, may have to buy apple.sex, apple.xxx , etc . Will it be a major headache, a democratization of domain names, or much ado about nothing? We don't know, but we'll definitely be watching what happens to .mac... the domain.