Bob has a great post on what he calls the .EU landrush fiasco:

What happens when you match an inept registry with crafty businessmen? The answer is a really large scam. This is what is taking place with the "landrush" introduction of the new .EU top level domain name. This breaking story is a fascinating study of both grand manipulation and lax administration on the part of the EURid registry.

On a brighter note, I'm now the proud owner of thauvin.eu.