They will do something just to save face, remember Nominet is ran by people who never ever make mistakes; sorry I'll rephrase that, never ever admit making mistakes.
I would estimate with just the secondary market players on this board there are circa 500,000 co.uk names owned. Over the last five years with renewals, transfers and chargeable tag changes generated by portfolio owners flipping names; the numbers equate to several million pounds (which all helps to pay the egregious backdated bonuses). But hey ho, we're still all vermin whose interests count for nothing; (unless of course you're one of the big 3 registrars, then there's plenty of room at the trough).
I expect the usual comments from the usual suspects, about how portfolio owners are a special interest group (Steve, James, Hazel et al), and the hackneyed "but what about the wider stakeholder community, blah blah blah". The same poor people who bemoan that they can't get a one word generic name for their business are the same people who refuse to have a free to reg five quid name with hyphens that could just as easily describe their business. I want a penthouse flat in Mayfair, except I can’t afford one and get on with my life and don’t cry foul because someone smarter / richer happens to own it.
Regardless of your moral view of the secondary market, it is a legitimate legal practice and those who engage in it should not be labelled as an unethical bunch of cybersquaters. I personally don't even like the term domainer; it is often used by the ignorant interchangeably with the term cyber squatter.
How is it that someone who owns a load of houses / land is a "property developer", and I don’t recall Tesco being called squatters when they go around buying up every available patch of land near residential areas. Yet if you own a few hundred or several thousand co.uk domains you're in the cross hair. I'd prefer portfolio owners simply be known as website developers with the ambiguity removed. If a patch of land remains undeveloped, physical or virtual, who has the right to demand that something must be put on it immediately to validate its existence and the owner’s rights to it?
I would suggest that Nom-steer is canned along with the PAB which is ultimately toothless and largely ignored. Instead I think interested parties from both sides of the debate should get in a room and try and have some sort of meaningful dialogue to improve the relationship between portfolio owners / members and Nominet, or I think the only winners in this will be BERR as Nominet will cease to exist.
Of course I've went off at a tangent here, but I'd rather voice my opinions here than the waste my time with Nom-steer tennis.
RANT MODE <off>