The post pointed out the fact that bit.ly just got $2 million dollars in for 20% of the company, placing a value on the company of $8 million.
“”””In a world where everything is being jammed into 140 characters or less, shorter is better. That goes double (or is it half?) for lengthy URLs. So-called URL shortening services are increasingly becoming indispensable to anyone who uses Twitter. It is the only practical way to share links on the service.””””
So according to TechCrunch any two letter domain with a two letter country code has value if you use it as a URL shortening service.
Guess a one letter country code domain, would even be better. I remember seeing one of those go at a TRAFFIC auction last year for a lot less than $2M, actually I think it was like $3,000.