If you really want the domain, then I would suggest that you go ahead with .net now, and later try to get the .com and link them to the same page.<p>To cite an example, Darren Rowse of Problogger initially started with problogger.net since the .com was with someone else ('squatter' as you call them). He started off the blog with the .net and later went on buying Problogger.com