Think twice before you let those domains lapse
In an effort to shed time-sucking side projects in the past couple years I’ve let a number of sites go dark and domain names lapse. Some of these were ideas that never got off the ground, but one or two were sites with real traffic and Google pagerank (PR 5 in one case, not stellar but not achievable overnight either).
Sadly, some of these domains have now been taken over by those useless squatter pages that manufacture lists of “related links” and “popular searches” and so on to trick people into clicking on ads. This only makes sense – if you were a domain squatter, you’d certainly prioritize grabbing expired domains with high pagerank and many existing inbound links. If you set up your server never to return a 404, some of those linking sites might never even notice the change.