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heyandroid.com... domain worth 500?

A domain name is worth nothing. When it is attached to a popular website that makes money, then it is worth something. Back in the late 90's and about 2000-2001 people were paying big prices for domain names, but no one pays those kinds of prices anymore for just a domain name. It is just someone trying to capitalize on the expanding poularity of the Android name...if I was a web designer now, I used to be, I would not pay hardly anything for a domain name, it's just ridiculous unless it is already a successful working website with traffic. Then I am sure it would be worth much more than 500.00
 
I thought domain squatting was illegal?

Not really. 'hey' and 'android' are common dictionary words. IANAL but I think domain name squatting only applies to proper registered trademarks, e.g. Verizon or Microsoft. Although try telling Monster Cable that, who sent their legal thugs after anyone who dared use the common dictionary word 'monster'.
 
In what way is selling that domain considered domain squatting?

I suppose technically it isn't since "android" is also a common word, however the ad specifically states "Premium Android Domain" which one could reasonably infer the Android
 
A domain name is worth nothing. When it is attached to a popular website that makes money, then it is worth something. Back in the late 90's and about 2000-2001 people were paying big prices for domain names, but no one pays those kinds of prices anymore for just a domain name.
True in most instances but not all. For example, Sex.com just sold last month for US$13 million, with no site attached to it. This is a million dollars less than the last time it changed hands (US$14 Million in 2006), yet still the most expensive domain name ever.

Here is a picture of the top 10 most expensive domain names as of late October 2010:

20101030_WOC525.gif


Some of them seem like natural names people would gravitate to, but to be honest I personally don't recognize the sites most of these might be attached to.
 
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