I work out of Toronto, Canada. I have a small WWW design and hosting business. My clients generally register .COM Domain Names with Internic based out of Virginia no more than a quick flight or a toll free call away. However it is another nation and another world away as far as we are concerned once problems arise with our Domains.
Pointed fact is the current situation is deplorable.
More pointed fact is that proposing a move across the ocean to another continent is even more deplorable. A reasoned approach would allow all citizans to seek recourse in local courts. A decentralized DNR system in which thousands of Domain Names are served all over the world under broadly acceptable technical standards is the only way out of continued bureaucratic Domain name nightmares. Tasmania or Madagascar or Iceland for that matter should each have three or four registries. And Australasia or South West Africa several hundred registries and so-on around the world.