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I found the following URL interesting reading:
http://www.tlda.org/official/minutes/meeting_bod_03_27_2001.html

Especially the following:
MOTION 4 BY GENE MARSH
The TLDA will hold but not operate the top level domain ".TLD" until a
discussion at a later date
MOTION SECONDED BY LEAH GALLAGOS
THE VOTE: YES: LEAH GALLAGOS, JOHN PALMER. NO: RICHARD SEXTON, RAY FASSET,
GENE MARSH
TOTAL: 2 YES, 3 NO. THE MOTION IS NOT AGREED TO.

MOTION 5 BY GENE MARSH
The TLDA respecfully declines the stewardship of ".TLD" and returns it to
its holder, Ron Kimball.
THE MOTION WAS SECONDED BY LEAH GALLAGOS
Richard made an objection stating that Ron Kimball did not want the top
level domain - how can it be given back to him if he didn't want it.
The chair made a motion to set aside the rules which was seconded by Leah
Gallagos and the matter was discussed further.
A motion was made by The Chair to strike the vote on MOTION 5 and it was
seconded by Richard Sexton.
The Chair made a new motion:

MOTION 6 BY GENE MARSH
The TLDA respectfully declines the kind offer of Ron Kimball for the top
level domain ".TLD".
MOTION SECONDED BY LEAH GALLAGOS
THE VOTE: YES: RICHARD SEXTON, LEAH GALLAGOS, JOHN PALMER, RAY FASSET, GENE
MARSH
TOTALS: 5 YES, 0 NO. THE MOTION IS AGREED TO UNANIMOUSLY.

Which highlights some of the problems I have with any root other than the
legacy root.

Here is a set of people deciding the fate of a TLD.  Notice, there are only
5 of them.  Although the ICANN processes are not perfect, we, the Internet
Public do have means of stating our thoughts and issues with any proposal
ICANN is thinking of adopting.  I also have a problem with the issue of a
TLD being treated in such a casual slipshod fashion.  The need for 3
motions to be put forward on such an important issue before a resolution by
a body dedicated to TLD's does not engender confidence.

Darryl (Dassa) Lynch.

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