“Current GeoCities customers:
After careful consideration, we have decided to close GeoCities later this year. We’ll share more details this summer. For now, please sign in or visit the help center for more information.”

The site is no longer accepting new customer signups and will eventually close the service completely. That sounds like a big 2.8 billion dollar mistake in my books.

For all of you Geocities members who are now going to be looking for a new home. I highly recommend you NOT sign up for Yahoo hosting and pay $11.95/month. There are much cheaper alternatives available out there including http://www.bluehost.com for just $3.95 per month and they have more features than Yahoo.