http://blog.wired.com/27bstroke6/2008/10/google-profitin.html
Interesting to see the sentiment. Yes guessing what may or may not be a trademark might not be too difficult in some cases, but people ignore the fact that a lot of companies use common words: United, Apple, etc and others use very short acronyms AIG, AA, AAA, etc. The case itself was brought under dubious terms (Rico - http://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizati... ) which sets an odd tone to the entire thing.
They also argue the notion of Safe Harbor doesn't apply to Google in this case (http://en.wikipedia.org/wiki/Digital_Millennium_Copyright_Act)
I am fairly certain Google is doing a lot to curb TM activity, lots of them have been banned from their program based on what people have been saying and Google has been doing. They stopped allowing tasted domains even. As much as I dislike some of Google's policies, I honestly believe they are barking up the wrong tree in this case and for the wrong reasons.