ICANN can remove the registry rights from VeriSign, and most likely would have if they hadn't shut down the SiteFinder service.
Personally, I think that this move puts Verisign in a better position to fight for the SiteFinder service. Having sold off the other side of the house, they can raise the argument that a SiteFinder type service is the only benefit of being responsible for a TLD.
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ICANN can remove the registry rights from VeriSign, and most likely would have if they hadn't shut down the SiteFinder service.
Personally, I think that this move puts Verisign in a better position to fight for the SiteFinder service. Having sold off the other side of the house, they can raise the argument that a SiteFinder type service is the only benefit of being responsible for a TLD.
This news may not be such a Good Thing.