This is another sign of the value of domains, first it starts with .com and one registrar, will it go to other extensions and other registrars?
Netsol says they aren't monetizing the domains, but wait til the uproar dies down, a month, three months, whatever, and the ppc ads will start appearing on the pages I bet. When they see the traffic they get ofcourse they'll want to make money from it.
The big thought last year was that registrars would start keeping dropped domains, and not release them back to the available pool. Now they are getting the domains before they're even regged!
I agree it's a crappy practice, but it does show that there is more awareness about domain values, and maybe will even drive more people to the aftermarket instead of putting up with shady fresh regging hasles - unless this practice by Netsol is stopped.