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Yes i have. That way you own all the possible domains and like you said, no one will come along and build a .net alongside your .com of the same name. It can be very annoying when this happens as people tend to think its the same website.
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I agree that it can be costly. I wouldnt even bother to buy up all the sites if I was able to purchase the extension ".com." I can't tell you how automatic it is for me to type in ".com" at the end of all sites.
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