This is my wrap up on this topic for now. As an economist I am a supporter of market based decisions, but also a supporter of the right rules of the game (or engagement). At that level my views are similar to those expressed by Nicolas Adam. Where I differ is about the need for, and growth of, some policies -at different levels and in different places- to confront issues that are not settled by market forces, nor within the existing rules of the game. That difference produces a set of testable hypotheses, both around Internet governance and policy, and where ICANN and its constituency groups will end up in what unfolds. For this NCSG discussion, the constituencies can watch, place their bets as they wish, and maybe swim in the other policy ponds at the same time. There are other policy ponds. This will unfold quickly enough that we will all get to see the next chapter in Internet governance. Put on seat belts! Sam Lanfranco, Chair, NPOC Policy Committee.