Just some facts; Landrush for .asia is on feb 2008, details can be found at dotasia.org Yes it is true anyone can buy .us names, however those who bought them but are not us citizens will have their domains taken back if they are being found out. Also when one gets into legal issues and your whois information shows you do not live in US. Poof! There goes your domain. Secondly, legally not all countries can buy .asia names, only about 73 countries can if I remember correctly, US is not one of them. Yes you can still buy it, but the same would apply if you are found out by the authorities. Some people have been saying .asia names are junk due to the ever-increase TLDs being released. However I beg to differ on .asia, my reason is because there are simply 400 mil internet users from asia now while there are only 550 mil internet users in Europe and the westerners countries. This info is verified by an article from dotasia.org It is also a fact that many countries in Asia are become more and more developed, with this in mind, it is needless to say internet users will continue to boom exponentially even possible to hit above the 1billion mark. Therefore my conclusion is that it is worth a shot. However again, no one can fully predict the future, these are only research that I have done on this extension.
.asia? Never heard of that before. Personally I don't think it will catch on, but it might become slightly popular.
Asia is so broad with different cultures and languages that having one extension to cover that entire region is silly. I'll consider travel related names, but not much more.
4 letters for a tld is long imo , but LLL.asia will worth something if you can catch but they will be expensive at the beginning like .mobi.