Well, you're not likely to get it for the $8.95 that Godaddy charges. Their abuse department does a remarkably good job, considering their volume and margins.
Perhaps the message here is that you get what you pay for. For a rock bottom price, You get rock bottom service. There are registrars that charge considerably more and provide considerably more service.
The problem here is that the community gets screwed not the guy paying $8.95. If he was getting what he paid for- well who cares. The problem is everyone else. That said- even if domains were more expensive it wouldn't change anything for the phishers using their stolen credit cards. There simply needs to be a better way for the community to quickly identify phishing sites- verified by some independent body (such as CERT) that can quickly verify the domain is a phishing site and alert the registrars to shut them down. Don't let it be used for copyright or any other non-sense complaint. -Don