Agreed -- if anything, it will just make .com domains even more valuable. The average Internet user won't understand these new TLDs.
Domains couldn't be more irrelevant right now, and adding more TLDs is only exacerbating the situation.
> If you do a little word of mouth, you probably won't include any TLD at all
From my experience, mentioning .com verbally after the domain name is what makes regular people realize that they can put that name in Google and reach the website.