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Unless you are just doing search engine work, or you have an amazing two word combo, don't use the hyphenated domains.
You can use them for real sites, but you will lose much of your traffic to the unhyphenated version.
So, if you aren't going to get type-ins anyways, then why not just make up a name instead?
PersianKitty.com is cooler than Free-Sex-Links.com.
Just my opinion.
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