This seems to be pretty much abuse and very high-handed behavior coming down from Godaddy. If there was substantial financial losses involved I would seriously be thinking of a civil lawsuit if it was me. I'd be severely pissed.
The list provided a important, legitement and valid service for people. It's BS to just shut it down. This has the pretty much same effect as if Godaddy representatives broke into the servers and unplugged them from the walls.
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