I think it is a good thing really, people should just buy a Domain they are not exactly expensive.

.co.cc yes, Various well reputed sites have suffered due to this. Some of them Iknow but thanks, I never opted for it

Finally, it's gone.

I agree with shabash23 The one who wants to stand in blogging should and can purchase the domain name and Web hsoting. If you just want for fun then go to Wordpress or Blogger. You will get Domain and hosting both free. If you can't pay some domain fees also then why you pay for hosting..