Another great post on Jay's blog.. he points out that Network Solutions has filed for a trademark on the term Namejet relating to "online auction services". That's significant because many of the high quality domain names sold via the Snapnames.com auction site (recently acquired for 35mm by Los Angeles based Oversee) are in fact Network Solutions expiring domain names.
Netsol's position as the first retail registrar means that many of the valuable generic, meaningful .com domain names are registered with them. As a result, a higher percentage of quality expiring names fall away from Netsol than from other registrars. I expect Netsol will make the next logical evolutionary leap and not auction their best names, keeping them to create a media concern of their own.
Why sell your names 'now' in an auction to a narrow band of professional buyers when you can retain names and create a media company of your own like those buyers are doing. Perhaps they'll simply run the auction over a longer period, attracting the highest possible payers from around the world.
Whatever the evolution I will likely drive sales prices higher. There are just no secrets left in this biz ;)