There is another article on Torrent Freak about this. I'd be curious how it would work in practice.

http://torrentfreak.com/bittorrent-based-dns-to-counter-us-domain-seizures-101130/

"The domain seizures by the United States authorities in recent days and upcoming legislation that could make similar takeovers even easier in the future, have inspired a group of enthusiasts to come up with a new, decentralized and BitTorrent-powered DNS system. This system will exchange DNS information through peer-to-peer transfers and will work with a new .p2p domain extension."
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