You can also get a $6.49 reseller account (for com/net/org) at directi.com with a $3K deposit. That might be a good alternative to Enom.
Directi allows the setup of $6.49 sub accounts as well, and I would love to use one for my domain reseller service. They have an API, and 45 cents/domain is a lot when you have 30 resellers under you
Why don't 10-30 of us get $100-$300 together each, and set up a sub account for each person? Most of us will register $300 worth of domains anyway.
If we all offered accounts for, say $6.70/domain, everyone would quit Enom and sign up under us.
Post a reply or PM me if interested.