Ahh, so true, except its been regged since 2000. ;p Now, if Godaddy would just let us see for certain if the contract on it ends when the current registration does here at the beginning of 2012...
How does it normally work when valuable domains expire? Is there a known second when they become available and the person with the best internet connection and a lightning script gets the name?
Used to be something like that, though the 'scripts' where programs written in low level C that did very low level talking to a modfied stack to work as quickly as they could network wise. Oh, you also had to be a registar to be able to run them, now you will instead see a clause in the registration agreement and the register themselves will auction if off.