Having had a .uk domain since before Nominet existed...
... I find all this rather sad. Nominet started out as a relatively lightweight and efficient organisation (as these things go) and was initially quite robust at resisting the more freewheeling commercial domain slingers' attempts to turn it into a cash cow. Now it's just another overstuffed quango with an overinflated sense of its own importance.
Why on earth does it have an "R&D" department working on IoT and White Space spectrum and a bunch of other buzzwords du jour? Sadly, the answer seems to be, "because it can". It seems to have lost sight of its role - which is to operate a fairly straightforward database - and gone in search of a grander mission. It's becoming a mini-ICANN.