Reality is that if you let people snap up premium domains for registration fee, most of the registrants will only want to flip them, and this will happen many times until a domain is finally developed.... if it ever is.
.xxx was set up to make money for its owners not the general public and so they obviously want more premium domain sale proceeds to end up in their pocket than in speculators' pockets.
It is understandable, but there is a line between good business and greed. We already know which side of the line they are, we are just yet to see how far they have positioned themsleves from that line.
