Who knows, but we do know that 1,268 entities are interested enough to ante up $5,000 to register for the application process, according to ICANN CEO Rod Beckstrom. And while registration doesn’t guarantee an application will be filed or approved, it does grant each registrant the opportunity to apply for up to 50 TLDs.

In other words, 1,268 TLD applications is a pretty safe bet. Certainly that’s Beckstrom’s view. “It’s unlikely to be lower than that number,” he said.

But we won’t know for sure until later this month. Thanks to a software glitch that allowed some applicants to see user or file names of others, ICANN was forced to take the application system offline on April 12, and it has yet to reopen it. But it plans to do so soon. Between now and May 8, the group will notify any applicants affected by the glitch, and some time after that process has been completed it will reopen the application system for an additional five days to ensure that anyone who wants to pony up $185,000 to grab a vanity domain has the opportunity to do so.

The Internet’s governing body said Thursday that a technical issue with its top-level domain (TLD) application system, or TAS, has forced it to extend the deadline for submitting applications for new vanity domain names.

“Recently, we received a report of unusual behavior with the operation of the TAS system,” the agency said in a brief statement. “ICANN is taking the most conservative approach possible to protect all applicants and allow adequate time to resolve the issue.”

I’m told “unusual behavior” is not a euphemism for “attack,” but for some sort of system glitch.

Anyway, as a result, ICANN has extended the application deadline until April 20. Which means the 839 companies that are paying $185,000 a pop to submit vanity domains for the organization’s review have a bit longer to do so. ICANN is expected to publish details of these applications on April 30.

Update: And, indeed, it was a system glitch, one that allowed a limited number of users to view each other’s details.

That’s when the Internet Corporation for Assigned Names and Numbers — the organization charged with managing the Internet’s domain name system — will begin accepting applications for new top-level domains (TLDs), a controversial decision that could create thousands of new vanity Internet suffixes. Today we have .com, .net, .org and 19 others. By year’s end, we’ll have many, many more — everything from brand names to services. Domain registrar Verisign estimates there will be up to 1,500 applications for new TLDs (think .sex, .NYC, .deloitte, etc.).

And ICANN is charging a $185,000 fee for every one. Which is great for ICANN, but not so great for companies worried about protecting their brands online and for consumers who might be confused by the vast clutter of new vanity domains. Coca-Cola, General Electric and 50-some other corporations have already stepped forward to oppose the program. But ICANN doesn’t appear to be listening.

Announcing the plan last summer, ICANN chief executive Rod Beckstrom said it would open up the Internet’s addressing system “to the limitless possibilities of human imagination and creativity.”

But as I wrote at the time, by “limitless possibilities of human imagination and creativity,” he surely meant corporate imagination and creativity. Because that’s who’s being targeted here: Entities with the money to blow on $185,000 TLD application fees and a desire to promote themselves. This is going to be a massive brand-identity landgrab and one that’s unlikely to do much good for consumers, but plenty for ICANN and its coffers.

“This may be the dawn of a new age of online innovation in the domain name space. … The Internet’s addressing system has just been opened up to the limitless possibilities of human imagination and creativity,” ICANN chief executive Rod Beckstrom said during a press briefing this morning.

But by “limitless possibilities of human imagination and creativity,” he really meant corporate imagination and creativity. Because that’s who’s being targeted here: Entities with the money to blow on $185,000 TLD application fees and a desire to promote themselves. This is going to be a massive brand-identity landgrab and one that’s unlikely to do much good for consumers, but plenty for ICANN and its coffers.

Right time, indeed.