I would recommend the following article. What do you think about the proposed changes?

http://www.associatedcontent.com/article/859651/new_international_policy_to_change.html?cat=15

Mike T

There are already 3 threads about ICANN's approval of new TLDs:

http://www.webhostingtalk.com/showthread.php?t=703161 (Jun 24)

http://www.webhostingtalk.com/showthread.php?t=703616 (Jun 26)

http://www.webhostingtalk.com/showthread.php?t=704928 (July 2)

And the official documents at:

http://icann.org/topics/new-gtld-program.htm