It has been a while since I posted on slashdot, but I could not resist because this is WHAT I DO (but WHITEHAT)

Here are some references: (Please be careful with MODS - these are NOT links to my sites]
http://www.linux.com/archive/feature/140576
http://digg.com/tech_news/The_Drupal_com_domain_has_been_donated_to_Dries_Buytaert
http://xmpp.org/xsf/press/2005-12-30.shtml

Here is my simple advice:
You are screwed.

The squatters won long ago - THEY know the rules:
1) Register a domain
2) Be careful!
      a) Do not put up infringing content
      b) Put up a 'search' page to generate some profit
      c) Do not offer to sell, just wait
      d) Hide in another country with nicer rules for scammers if possible
3) Profit!

Here are my suggestions
1) Choose a different domain
      a) Choose another Top Level Domain , may I suggest .TV ? (I may be biased as I bought the first premium dot TV domain)
      b) I can offer some for FREE for Open Source communities (Notice: No link to me - just google for OpenDomain )
      c) Try different variations of the brand
2) Suck it up and pay.
  a) Lease the domain
  b) Negotiate - a lawyer may help if you DO have IP

Good luck!

I have been trying to help create a universal, Open Ajax library for years, and so I have thought 'OpenAjax' would be the solution. the problem seems to be that is is driven by the corporate hosts and no the individual developers. Also - if you look on any job board, you will not find ANY job specifying 'OpenAjax' as a requirement. I have written about these issues at Open Ajax blog