Very good name.
I like .co.in a lot, most big sites (except eBay) use .co.in and not .in. Go to
www.google.in and see where you are redirected. Or even better, try
www.msn.in and then
www.msn.co.in 
Reseller: low $x.xxx
End user: mid/high $x.xxx, up to low $xx.xxx