xxx registries will give xxx domains to already registered in New.net???

From new.net:

9. What will happen if ICANN releases a domain name extension that is identical to a New.net domain name?
We are working very hard to achieve universal resolvability of New.net domain names through a combination of ISP relationships and plug-in downloads. At the same time, we are reaching out to ICANN and its supporters to get them to understand the viability of our names and our approach and to get ICANN to add our names to the "root" servers that they operate. Should ICANN decide to introduce a domain name extension in conflict with one of our extensions and assign it to another registry, they will in fact introduce a "collision" in the name space, something they have professed wanting to avoid. If that were to happen, individual consumers and ISPs would have to choose between the ICANN version and the New.net version of the name. It is our intention to demonstrate a massive market acceptance of our names that will prevent such collisions from being introduced.

I like this one too...

4. Is it possible for another person to register my domain name on the New.net Registry after I have registered it?
No. New.net's system prevents duplicate registrations on the New.net Registry. Domains are registered on a first-come, first-served basis. Once a domain is registered, any other person or domain registration site cannot register it with New.net.

You should be aware, however, that other companies may offer alternate registries and that New.net has no control over their registration procedures.

new.net is fucked and so is everyone that bought from them

There would be too much money involved with this to allow new.net domains to work.

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They were never certified so those people will be out of luck