imo, it's worth something for a company/organization who's abbreviations are b.e.h.y. Otherwise, reg fee...
but, i'm sure this is not the "correct" answer since i'm a "rookie" and there is a seemingly enthusiastic market of individuals that are collecting such names...
still learning, but as for right now, I'm going to stick to names that i feel i can brand and develop, even if they're more than 4 characters.