Preorder .co domains from register.com for $275!

Internet will soon support .co domains and you can preorder them on register.com for only $275.

• Only $275 to reserve your name today with our limited time pre-sale pricing.
  
• Must enter Promo Code LR25 at checkout to receive this pricing.
• If we are not able to secure your name your purchase will be refunded less a $9.00 processing fee.
• Any domains with multiple valid applications will result in an auction process.
• Applicants will be notified of their status by July 20th.

The question is, whether $275 is justified for .co domain? 😒