Does say they can only take them once nominets full cycle is over though. So doesn't that mean they will have to register everything a few seconds after midnight like a drop?
That's something I stressed in the consultation and never got a suitable answer.
As it is now a registrant can renew right up to the cancellation point. I hope that this doesn't change and I'll be requesting a full answer to how this is going to work.
I suggested a new status in the whos - similar to the recent 'domain not required' to say something like 'reserved by registrar' so at least it is possible to know the status of the domain.
And absolutely no change to the registrant until cancellation at which point it would be automatically transferred to the registrar.