gahh... Sorry about cross-posting this -- I didn't notice this whole thread.
I just sat through their presentation at the Domain Roundtable a couple days ago and they mentioned that the process to transfer a domain has not been established yet.
I confirmed this with a couple of registrars. Today, if you want to sell and transfer a .EU domain to me, you can't because the API hasn't been released to the registrars. You can still sell the name, but you'll have to enter into some kind of side agreement that says you promise to transfer the name as soon as the process gets turned on.
The registrars I talked to are thinking that the API will get turned on fairly soon -- they're thinking within a week or two. Add appropriate grain of salt to suit your level of confidence in the capabilities of the .EU registry folks.
I think it's pretty nuts that a registry can roll out without having such fundamental processes in place. I also think it's pretty nuts that registrars accepted that and didn't raise a fuss.
As I visited with a registrar he mentioned that another key process (I can't remember which one, but I think it's the process to transfer a domain between registrars) is also missing in action. Again, my jaw dropped.
So you can sell 'em. But you can't transfer 'em. Pretty crazy huh? The problem should go away fairly soon but it sure got my attention.
Success has many parents, but failure is an orphan. I watched everybody on the panel point fingers at somebody else and saying that the failure wasn't their fault. PriceWaterhouseCoopers sent a video presentation instead of a real person -- and that presentation was clearly the first try at the defense on all the lawsuits that are likely to be filed against them.
It gonna get ugly peepul.