Most other companies like Godaddy offers 99c deals like this for the first year.
Godaddy only lets me get one for 99 cents like every 6 months.
I did one at 1 and 1 but got stuck with extras, hard to move the domain. This was cool for one cheap one <grin>
sorry if they hit the limit
1and1 99 cents all the time, must have gotten 10 so far this year from them. So far can't see a down side to this.