In your case, scaling the business where you have customer support, inside sales, dedicated webmaster, a salesman and dedicated office should bring a higher valuation. I think a 'business' is worth more than a 'website'.
I'm more south in Japan and on the West coast, just a couple of the shakes of the house for me 200 miles away. Best to check the news on the maybe 10K dead people and nuclear reactor leak etc.Any word on the Tsunami in Japan?
Exactly my thoughts. The domain name itself, if it is a good keyword rich domain, may have value, but whenever you add the site you have to add the revenue part of the equation.the value is usually 'x' times the monthly net revenue