free subdomain redirection/fowarding service?

I’ve been thinking of seting up a free subdomain redirection/fowarding service… (you would need the code thing like [URL=http://www.freedomain.co.nr/]co.nr[/URL])
Do people use them as often as i think? is it best to go with a XXX.com or XXX.net or XXX.cc ??? do you think it’s too saturated of a market for a new one???
Anyone think its a good idea???? – or am i just out of my mind

ps: is there a certian domain that you think would look good with subdomains?-im open to suggestions

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