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It would be a little weird if a cell phone business bought Pasta.com, wouldn't it? Sure, it does seem overpriced maybe to "us". Fortunately, the end-user could care less.
Great name for a gossip or chat site. It is a lot of money though and it's likely only a mild type in without content being in place. Let's face it, 'YouTube' and 'Google' likely paid $9 for their names and they've done OK. With imagination and a great product that people really want lots of names will work with word of mouth and a little advertising so, yeah, it was too much.