On Apr 19, 2011, at 3:46 PM, Jeff Wheeler wrote:
On Tue, Apr 19, 2011 at 4:14 PM, Benson Schliesser <bensons@queuefull.net> wrote:
Meanwhile, under the current system, ARIN has managed to accumulate a >$25M cash reserve despite an increasing budget. (see https://www.arin.net/participate/meetings/reports/ARIN_XXVII/PDF/Wednesday/a...) ... Is your problem that ARIN spends its money poorly? I believe it does in some ways, but the community generally does not care enough to try to improve this. I questioned ARIN's travel budget a few years ago and was essentially flamed for doing so.
I might agree that ARIN wastes money, but that wasn't my point. The context of my comment was your original message, which argued that a competitive registry system would enable vendors to "over-charge". Without defining what an optimal cost might be, my comment was intended to show that our current baseline already results in a surplus. And I agree with DRC's comment that competition might improve / optimize costs, rather than inflate them. Cheers, -Benson