Is Hyperwebenable Legit?

I come across several tech blogs which talk about this site. It claims to provide free .com domain for life time. It looks legit to me so far. If any body has used it please let me know.

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Yeah that is what I figured. To get a domain on your own it takes less than 10$. You can ask advertisers to pay 100$ for a single banner ad. If you register for their free domain, you have to put two banner ads of their choice in your blog. Other ads, you can pocket the cash.

It seems legit, but they have a very interesting business model. What they are tryong to do is give you a domain worth couple of dollars on which you can setup a blog and do all the donkey work of putting content and everything, but at the end of the day, the domain will be owned by them, registered under their name, they'll place their own ads...net net....you do all and they pocket the returns.

Right?


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