Letting domains expire could be a major security risk...are you one of them?

[Kurt]

And like many other markets in hard times, it looks look it will be a buyers market for domain names for a while. I think there will be some niche-specific exceptions, but before buying any premium domain names do a little more research to see of you can find something better.

In addition to security issues, I expect there to be a lot of good domain names become available over the next year or so as they are not renewed and dropped. These won't just be business names but also names speculators are letting go. If you have a little bit of money and can hold the domain names for a couple of years, now may be the best time to look for good domains in a long time, including keyword based and brandable, as well as with existing authority and link juice for SEO.

I think it may be a good time to start paying more attention to the newly expired domain name lists to see what's available. While I never like to benefit from someone else's loss, these domains names are now available to everyone and if they are good, it may as well be you and me that get first crack at them.