Yesterday, I registered Wangyifan.com, as a gift for my newly born baby. The domain expired on June 30, 2007, and within seconds, it was registered by SnapNames.com, and finally, I spent 79 USD to get it back. Then I noticed that SnapNames.com did a good (well, only from business perspective) to have 10 million domain transaction per year. Pretty amazing.
I had a domain name expire and some outfit bought it. They want $1688. for me to buy it back.
They still have it.
Off to PVG in 2 hours.