Thank you jimb for your excellent feedback.
I would like to acquire that name if it was 10k, you know buying when the market is down. I was not sure how down the market was at this point in time, thus my feeler post.
What I do appreciate is that the name is just part of a huge investment to get the site going. Domain sellers need to realise that there is a huge risk involved in actually building a major online business. And investors aren't throwing buckets of money anymore at online startups.
The problem with the dotcom bust is that very good names like pets.com are now seen as a baggage. Memories are hard to wipe away, and recycling of great names ain't going to impress investors any one bit.
I believe there is still money in domains, its just harder to dig it out. Everything requires to be rationalised carefully today. I think most of us are beginning to see the value of attaching real business models to our names - with the names being a means to an end.
Unless you are a cyberjacker (see URDP case re FirstAmericans.com for example) I can sense that most of the $2,000 and below sales are probably from transactions between resellers.
crappydomains.com? hardly, crappybusinessmodel.com is probably a more accurate summation.