You're right, the Norwegian government can do whatever they want. And yes, the ability to stop domain squatting is a nice side effect. For me though, it was a pretty surprising process, and set of restrictions.

Life is full of tradeoffs and this is no exception. I quite like the .no TLD - I find it lends itself to fun product / side project names. It's just a pity that I'm limited to 5 with the .no TLD :)