How low can you go?

Just when you thought you'd found the cheapest domain registrar...someone goes and lowers the bar. This is getting ridiculous! Lots of people offer free domains if you buy into their hosting packages. But 1&1 Internet is taking it too far! For the month of May, they are giving one dot com away per customer. No charge. And their renewals are among the lowest in the cosmos too--a good two bucks less than GoDaddy's.

And if you want to load up on a couple of extra hosting features, their beginner package is $3.99 a month for a ridiculous amount of features--a blog, RSS, phone support, 600 email accounts (IMAP, POP and Webmail, no less), 10GB of site space...I mean, let's get serious here! Nothing for a .com domain? Goosed up for less than fifty bucks per year? Are you making any money for yourselves at all there, guys?