Usually I choose to stay out of the fray when it comes to Nominet policy changes, but this time is different.
The idea that an entity can pay 10 pounds to file a challenge and, should the owner of the domain they're challenging not respond within the very short delay allowed (overseas post alone can take 1 week+ each way!) then they win the right to take the domain for 200 pounds without even having the actual substance of the complaint considered is on the face of it palpably ridiculous, yet having re-read the DRS consultation document several times it still stubbornly seems to say exactly that.
So the new process could be:-
1) Choose a "desirable" domain name to "bounty hunt" (e.g. one where the ownership is in the name of a defunct company or a non-traceable individual)
2) Pay 10 pounds and file anything you like ("My old man's a dustman" for example) since if the owner doesn't respond the content of the filing itself is irrelevant.
3) If the owner doesn't answer, pay 200 quid and hold your breath for a month
4) Win the domain name and hold your breath for a month
5) Congratulations, you've just heisted a very valuable domain. Time to wash, rinse, repeat
You could even use the process (in theory) to attempt attacks against larger sites such as ecommerce sites etc. - at just 10 pounds a pop, you could fire DRS attempts at a whole slew of sites until you get to one where the IT department happened to mess up the updating of the domain contact, the mail gets lost en route, etc. and bang, they're "suddenly" (from their point of view - they were none the wiser about the filing of the complaint) switched off as the domain is suspended.
I sincerely hope someone from Nominet is reading this thread and can see the madness in the above in time to steer the ship away from the iceberg!