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Self-Regulation Self Destructs?
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"In this case, those who entered the retail market had a reasonable expectation of stability (at best)"
businesses unable to adjust to changing market conditions generally have difficulty. some might even say that that recent events at the top level were quite predictable, given its dominant position.
"and an input into the consensus policy (at least)."
is this the same "consensus policy" keeping .web out of the A-root? If so, then it is a double edged sword for those "stakeholders" that have chosen to build business models that largely require .com to maintain its dominant position.
"Without the codified consensus policy requirement, I'd agree with you completely. With it, however, we have a whole different ballgame."
to me, that's a convenient card to play when having a vested interest in an outcome. I've seen the case made that the consensus policy making ability within ICANN is far less than what it needs to be, including expediency to resolution.
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