The official announcement, the sky isnt falling
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VeriSign Announces Increase in .Com/.Net Domain Name Fees
MOUNTAIN VIEW, CA ? April 5, 2007 ? VeriSign, Inc. (NASDAQ: VRSN), the leading provider of digital infrastructure for the networked world, today announced, effective Oct. 15, 2007, an increase in registry domain name fees for .com and .net, per its agreements with ICANN.
VeriSign announced that as of Oct. 15, 2007, the registry fee for .com domain names will increase from $6.00 to $6.42 and that the registry fee for .net domain names will increase, from $3.50 to $3.85. This will be the first registry fee increase for .com and .net since the fee structure was put in place by ICANN in 1999.
the rest of the release
http://www.verisign.com/press_releas...ge_041054.html