Dilemma is undoubtably the wrong word, but I'm interested in any views as how best to proceed.

I have registered an internet name and I own .net, .org, .co.uk etc rights for the name. (I have preregisted .biz, .info etc)

However, I don't own the .com.

The person who owns the .com is only using it to display a picture of his children, and admits that he's not sure what to do with it.

So what do I do?

* wait for a year until he (hopefully) forgets to re-register?

* get in touch and offer to buy it?

The second option is good apart from the fact that, by contacting him, the current owner may think that the domain is 'valuable' (it's not - i'd just like it). My worry is that s/he'd suddenly want big money.

Any ideas?

Ed