This auction started today and there has already been some pretty good action. BP.org, FS.org and NS.org all already have $1000 bid on each. All 13 of the CC.org’s have bids on them lead by i6.org with 16 bids and its at $225. None of the L.org’s have bids on them yet. These all have a $50k minimum bid.
Below you will see the full list of Godaddy’s One and Two-Character .ORG Domain Name Auction. You have to get approved to even be in the auction. To get approved you need to goto Godaddy and select One and Two-Character Domain Name Auction in the drop down menu under Godaddy Auctions. Once approved you will be able to bid on any of the domains below. I noticed that all of the L.org’s reserve is $50,000, LL.org’s reserve price is $1,000 and CC.org’s reserve is $10. There are 8 L.org domain in the auction. Below is the link to the auction and a list of all of the domains in the auction.
Godaddy .ORG One and Two-Character Domain Name Auction