Reports that subscribers are transferring domains away from GoDaddy in increasing numbers, though initially unclear, have turned out to be correct. GoDaddy's CEO, Warren Adelman, has issued a statement admitting to as much, saying that "We have observed a spike in domain name transfers, which are running above normal rates and which we attribute to Go Daddy's prior support for SOPA, which was reversed."

Perhaps in an attempt to stem that tide, Adelman went further and elaborated why GoDaddy is now putting its name down in full opposition to SOPA instead of merely withdrawing support. It's a step in the right direction, though the opposition here is still a bit tepid: "the legislation has not fulfilled its basic requirement to build a consensus among stake-holders in the technology and Internet." Somehow we don't think that will blunt any further PR damage or customer losses from today's "Dump GoDaddy Day" efforts.

GoDaddy may be losing customers, but it's important to note that while lashing out at the company may be satisfying for SOPA opponents, it's not the same thing as stopping SOPA itself. And any impact on GoDaddy probably won't have a major effect on January's hearings when the focus of the public debate over SOPA moves back to congress.