Good or bad, right or wrong, what I do like is the fact that they are insisting on business plans which along with potentially high prices could at least mean the domains end up in the right hands rather than PPC squatters.
Traditionally it takes the SE’s a while to catch up on domains – this throws the cat mong the pidgeons with people like Google who rely on domain extensions for localised search. Clearly generics like “football” could cause issues as to which markets are better suited to the domain. Many of the current generic crop of domain like “.biz”, “.info” etc still carry no weight in SERPS, ages after they were launched.