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It was born on the cypherpunks mailing lists so I assume it has been vetted by the appropriate individuals.

They can be divided down to 8 decimal places currently, yes.

They're currently 0.01NMC to register/update actually. Which is quite cheap, but trying to mine 0.01NMC isn't as easy as it used to be. It is the second most difficult to mine coin…

If you're looking for a more open source approach to domain names, check out http://namecoin.info and http://dot-bit.org

And the llama may finally rest in peace.

CaVirtex.com was paying higher than MtGox yesterday...