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> Does this explain the disproportionate prestige of .com?

It's part of it. Here's a few other reasons:

1. It's a quality indicator: It means it's more likely that the company has been around a long time and that it's not a scam.

2. People's default surfing habits had them looking for the .com. I had a .net domain for a company I ran and we bought the .com for $3000 after a number of clients told us they forgot our site, and worse - sent emails to the .com address that we never got.

3. This is a more recent development, but with the iPhone having a ".com" button on the keyboard, that makes it even more advantageous going forwards.



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