Hello Friends

I purchased a domain indyhost.org last year 11june08 and used it as a domain & hosting reseller. I also made some advertising for the site. But due to lack of time, I couldn't take care of it. Finally, the domain got expired. I was so busy that I couldn't check my my emails for the renewal reminders.

Currently I asked my registrar to renew it and they denied and told me  that as the domain was not renewed in a timely fashion, the domain has now entered a 30 day 'Redemption Period'. During this period the registered owner may renew the domain by paying a redemption fee of $90.19.

Though I recently  regestered a new domain indyhost.info for the domain and hosting reseller site and currently it's working.

But I still need your suggestions. Is it worth to pay $90.19 for the domain?

Sorry! I forgot to tell that indyhost.org is a 5 year old domain.

This new redemption system is insane.  It allows registrars to hold your domain hostage for up to a year and ruin your valuable business brands.   

Essentially they load the site up with tacky advertising and limit the creativity and value of the web as a whole.   Why can't we just make the domain available when it expires and go from there?