Yes, it seems like they bought it just to resell because it's a simple name. It redirects you to a shady domain, throwing piles of popups, offering to be your homepage, and pretending to be a directory service when it's just a massive Google-bait link ring.

I wouldn't buy it on principle either, and I largely don't intend to, but I'm just curious about the process. Since the domain is likely part of a massive link ring, it probably has a bad reputation with the search engines. Hm... that seems like a good reason NOT to buy it.

It's so sad how quickly the filth of human greed will destroy a new unclaimed frontier such as the Internet circa 1995. Makes me want to buy the domain just to legitimately reclaim that one square inch of soiled ground.