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I moved all my domains from NetSol to DirectNIC, after being happy with DirectNIC for 2 years. You can even phone them and talk to an actual person, something which only happened with NetSol after VeriSign took over.
As long as they exhaust all available options (in your contact data) at reaching you before shutting off the domain, I'm all for it. And then, the shouldn't be resold for a period of 30 or 60 days to give the purchaser a chance to notice something is wrong and get things straightened out. After all, people move, get new addresses and phone numbers, etc. It's hard to make all the changes at once and it's easy to forget something like updating domain contact info.
If somebody wants to operate a domain with absolutely no way of reaching them: no good address, no good phone, and not even a webmaster@ e-mail address, I smell something fishy. I think giving correct information is part of being a real business entity and not some sort of fly-by-night operation that lives under a rock.
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