Earlier quoted context omitted.
What's so dangerous about it?
> What's so dangerous about it? Implying lack of trust in `co.uk` Implying `co.uk` may suffer the same fate at `.name` Complete FUD.
For instance, in Serbia, there is a similar scheme to UK: .gov.rs, .co.rs, edu.rs, but also in.rs (for individuals) and top-level .rs. So someone has registered "iz.rs" and offers free subdomains to individuals.
The fact that there is implied hierarchical trust is what the problem is, and keeping track of individual rules for each TLD is prone to errors.