How bad is it?? REALLY REALLY Bad! Just consider the 100-200 maybe even more new GTLD's that came to market during past 2 years. The level of hemorrhaging going on and being ignored is stunning. It's like holding a stock like Sears, buying more each and every day and know that the value can only go down and eventually be worthless. Even the graphs have similarities.
If you bought Sears a year ago you would be down 80% and still liquid. That's a lot better than GTLD domainers are doing and they are far from liquid. Think about it.