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    <blockquote
cite="mid:5B9E90747FA2974D91A54FCFA1B8AD12016A51F5D6@ENI-MAIL.eclipse-networks.com"
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      <div class="WordSection1"><b><span
            style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b>
        <a class="moz-txt-link-abbreviated" href="mailto:arin-ppml-bounces@arin.net">arin-ppml-bounces@arin.net</a> [<a class="moz-txt-link-freetext" href="mailto:arin-ppml-bounces@arin.net">mailto:arin-ppml-bounces@arin.net</a>]
        <b>On Behalf Of </b>Martin Hannigan<br>
        <o:p> <br>
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            <p class="MsoNormal" style="margin-bottom:12.0pt">"Needs
              testing" isn't actually the problem IMHO. Its not
              unrealistic to ask what someone is going to use the
              addresses for.  Over the last five years, policy ("the
              problem") has become disconnected with existing conditions
              and vague allowing too much interpretation. Its impossible
              to know what need actually is with the current regime.<o:p></o:p></p>
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            <p class="MsoNormal" style="margin-bottom:12.0pt">I like the
              idea of not testing /24s. It solves the ambiguity problem.
              It will also make them more attractive and the market more
              efficient by reducing the cost of the transaction and
              increasing utilization of /24s available to the market
              (legacy).  By utilization I mean capturing actual
              registrations.<br>
              <br>
              To be honest, from a market pressure perspective, what is
              needed _right now_ is a sixth competitive registry. That
              would sort this mess out right quick.<o:p></o:p><br>
              Best,<o:p></o:p><br>
              -M<<br>
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    <br>
    Martin, in the scenario I outlined a few minutes ago, would the
    transfer market substitute effectively for your 6th registry?<br>
    <pre class="moz-signature" cols="72">-- 
-Adam Thompson
 <a class="moz-txt-link-abbreviated" href="mailto:athompso@athompso.net">athompso@athompso.net</a>
 Cell: +1 204 291-7950
 Fax: +1 204 489-6515</pre>
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