At the beginning of July there was a thread started on Namepros entitled, "What has happened to domaining?"
The thread has 84 posts and is a very entertaining read. There are some good points made about what has happened to the domainer to domainer market, the coming of the new tlds, and how end user sales are still good and that's all that matters.
One comment about perception by Alien 51 I thought was especially good.
In replying to SDS INC
New Tlds will have to deal with their reality vs perception, no doubt the marketing of these extension will enhance or take away from their credibility. Will just being featured on Go Daddy give an extension like .web for example, added credibility ? Read the thread here on Namepros.