It looks like the buying spree for new top level domains is about to start. The author of that article is guessing that a top level domain will cost around $500,000 to $1,000,000 USD. That’s pretty steep, but well within the range of many businesses and countries.
What affect does this have? Well, aside from many coming software updates which assumed a set number of TLDs, the biggest change is that those of us who have “fake” internal DNS schemes are now stuck with the possibility that our private schemes will become future domain names.
Assigning yourself an imaginary domain has never been deemed a “good idea”, but now you may have incentive to move away from your current scheme.
Just a heads up.