Ashcroft v. Registrars on Domain Property Status

pbuxton writes "Here's a CNN story about the confiscation of domain names by law enforcement. An interesting dilemma noted in the story is that a domain name is either a mere service, which would let Verisign, et al., off the legal hook for mismanagement, or it is property which can be siezed by police and judges." This story mentions (and adds some perspective) to the recent seizure of ISOnews.com.