Had a thing with Hostgator once where they wouldn't accept any proof of who I was other than an expired credit card that had long since stopped being used. The site went up for sale, and someone bought it and had it up for resale for around $5,000. Turned me even sourer on the domain system of the normal net.

Heh yeah, I've recently had another site succumb to the same thing (that domain wasn't managed by me). I've long accepted that domains are kind of a racket, but haven't actually been on the losing end of the money until now!