Zillions of domain names (approximately) delete every day, but very few become immediately available. Catching domains on the drop is next to impossible unless you’re Snapnames, Pool or Namejet, the three biggest domain auction sites.
Just because you can’t get them when they first drop doesn’t mean you can’t get them for reg fee, however. When names go to public auction, they usually are listed with a starting price that is just too high, maybe $60 or higher. Since no one is going to throw in a bid at this price, the auction site will delete the name within the refund period of 5 days.
When this delete happens, the 2nd tier drop-catchers step it. These are the tasters. Still bound by the 5 day refund period, they will drop the names that they’ve caught if they don’t receive enough traffic and PPC income. Now is the average Joe domainer’s chance to finally get these names for registration fee!
This site is about the names that I monitor and catch when they drop. I blog about the names I catch and list the available names that have been deleted by the tasters with a 30 minute time-delay, so I still get what I’m after :p