In message <3.0.1.32.19970512084523.006b78a4&#167;nico.aarnet.edu.au>, Geoff Huston 
writes:
> Well lets develop your percentage of charges suggestion,
> and take the starting premise that some body were prepared
> to operate a com.au registry for free.
> 
> Would the ADNA concept survive? I can't see how.

I'm starting to have trouble seeing why the ADNA needs that much money
at all. 

What exactly would it's day to day activities be?

[ ... ] 
> I get back to my original conclusion a weeks ago - the ADNA
> concept looks broken to me.

and your alternative is... ??

Michael.