iPhoneDownloadBlog is reporting that Jailbreakme.com is up for auction on GoDaddy.Com which itself is up for sale as well.  Interesting coincidence?  Unfortunately for the JailBreakers at Jailbreakme.com losing that domain name is actually a bad thing.  How much time and effort goes into your search engine ratings?  It’s not going to just automatically follow you, and if you change your group name because you changed your domain name, then you can kiss that all goodbye.  Sebastien makes a good point that it will probably become some spammy page, it’s a common occurence when popular domains fail to renew themselves and you lose out.  Worse is if someone jacks your .whatever’s and you have customers who mistakenly think you’re a .net or .org and they quit coming to your site after that.  Not that it’s economically feasible to register every suffix in existence, but it’s more an issue of protecting your brand.

Ultimately it’s up to anyone who has a blog or whatever on how much your brand is worth and how far you’re willing to go to protect it.  Apple spends millions of dollars a year on dealing with people moving in on their product names, and today there’s a lot of money involved in common spelling mistakes around popular domain names.  For awhile WhiteHouse.Gov had an issue with the .com being an adult website, but today is just an ad laced landing page.