To be honest, Art, I think it will be difficult for the name to be effectively promoted through word of mouth advertising. When people hear the pronunciation, they'll most likely think of Wallet.COM, not Wolet.COM

Of course, with effective advertising, you'll minimize the issue, but it's gonna be an uphill battle, IMO.

I hope you used a $6.95 coupon.
http://www.dncoupons.com/godaddy.php