Club Names and Tags after Two Days

I tried typing in any 5 letter combination that actually had meaning. Everything from "knobs" to "TroII" was taken (and that is troll with two capital i's)

What's more, when I finally found one that would actually work, it wasn't even the right one I wanted, and what I mean by that is that all letters were lowercase. No warning that the tag name I chose was available, or that it was going to be stuck like that forever. This was after about 10 minutes of scrambling for any working combination.

It's been two days since this system has been released. What's going to happen years from now?