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Besides the obvious potential for censorship and the highly inflated price; The company and people behind dotxxx have shown time and time again that they cannot be trusted. They lied to ICANN, they sent thousands of fake emails to ICANN. They promised the same domains to different people at certain shows in an attempt to get support. They hired that leech Joan Irvine. They have claimed and pretended to represent the industry. There is the issue of the percentage they offered certain groups in exchange for support. And a whole lot of shady things, including bribes and threats, that went on before Stuart Lawley became their figurehead.
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