I registered a few domains, and I am going to register another one today. I usually use godaddy because its only $9.00 for the domain.

There are many different registars and I talked to registar.com on the phone. I wanted to find out why they charged $29 for the exact same thing.

They told me that they charge more, because they provide better registration. They said they if I register with a smaller company like godaddy and they go out of business that I will be unable to access my domain or renew it until it expires and then I take a chance of losing it.

They said if I register with them and they go out of business then the goverment has a contract with them to allow people to still access their domains, until they can be transfered.

I'm wondering is this just a load of crap? Or am I taking a risk by buying from godaddy? Is there a chance they could go under and my entire website could be gone?