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But do you think Nominet thought that this is what would happen to the uk domain space after their decision..
No.
I believe that if Nominet had realised just how poorly .uk would have been taken up, they would have rethought the launch (either the whole idea, or the methodology).
But even though tomorrow is Back to the Future day, nobody's got a time machine. So we are where we are, and Nominet - and everyone else - has to make the best of the situation as it is now.