Still don't see the point in more TLDs...
It's not as if I'm going to be able to buy microsoft -dot- <whatever> and expect to be able to keep it.
And if you can't buy domain names that someone already has under dot-com (or another TLD) then it seems that this is just another way for GoDaddy /et al/ to make a pretty penny parking domains with Google ads and/or "pharmaceutical" sites and filling the world's DNS servers with even more junk entries. Not to mention the extended phishing possibilities of non-ASCII characters in URLs.