Clever is one way to describe Tweexchange utilizing GoDaddy’s desire to build up their existing customer base. As reported by TechCrunch, Tweexchange is working closely with GoDaddy so that when you go to find out if  a Twitter user name is still available with Tweexchange, you can reserve the same name as a domain with GoDaddy at the same time. And if the name is not available, Tweexchange will suggest alternatives for you without any extra key strokes.

What does this mean to you?

This partnership with GoDaddy is going to hit home with countless groups of people looking to build brands via social media. Clearly, Tweexchange knew this going in. The real question is how many people will want to reserve Twitter names and their respective domains simlutaneously?