The current rate of $7.85 is already far more than justified.
As far as I can tell Verisign is already running a steady profit on the .com registry.
Any increases in efficiency and decreases in cost, is already at the benefit of Verisign.
Verisign is merely your manager of the .COM Registry – it has no business dictating the price.
ICANN is supposed to govern the domain name system in the public interest.
Torstein Thune
Bergen, Vestland, Norway