Duke said:
The problem is that even the "television" meaning has little application on the internet.
That may be true in 2004, but my guess is by 2007 there will be no such thing as the "internet".... "It" will be in your TV's, computers, cars, etc. (Think: IPv6)
Convergence....adaptive technology...anywhere, anytime...
As far as dot TV names go, they clearly have nothing to do with Tuvalu, but rather a "niche" media market. Niche markets tend to grow slowly, then overtime catch hold as the market matures.
The question is will the dot .tv market catch hold and mature? I would say the chances are better than 50/50. However, don't expect to see million dollar dot TV sales. If you want to succeed in this market, you are statistically better off trying to brand a "single" tv site now. When the market catches up to you then you may have a shot a selling your .tv names for much more than you paid.
One reason I won't invest in .tv is the registrar. Can't ever tell if they would change the "rules" on you if (or when) they become more mainstream. This is not a "stable" investment environment IMHO...