Please see the archives, as this has been discussed many times...
All ICANN registrars have always been given a 5 day grace period to delete
new domains from the registry without being charged.
You can do this too, if you are an ICANN accredited registrar.
On Wed, 30 Aug 2000, Bruno Carlos wrote:
> At http://www.dotregistrar.com/
> they say:
>
> NEW: FREE Delete Feature! Yes, now you can delete domains within 3 days of
> registration and get INSTANT CREDIT back! So stop wasting money with
> misspells or customer errors at other registrars, move to DotRegistrar
> today!
>
> Is this a new feature common to all ICANN registrars, or is this just a
> special promotion by this registrar?
>
> Bruno Carlos
>
>
>
>