I was reading the daily arvix articles, and came across the following article entitled
"Naming the extrasolar planets" written by W. Lyra.
Here is an interesting and very readable article that discusses possible methods of naming all these new extra planet discoveries.
There is, however, a very interesting discussion on the Southern Constellations on page 4, which is very informative. This is followed (page 6) gives a great summary of the naming and history of the
all 88 constellations relating to a possible naming system of these distant planets.
There is also a Table at the end, listing all the known extrasolar planets by constellation including what they should be named an interesting list indeed. (pg.22-28)
Clearly there are moves afoot that the next I.A.U. General Assembly Meeting in 2012 in Beijing in China. to again discuss this issue, and probably under IAU Commission 3. According to an article in SPACE.com.
Why Planets Will Never Be Defined 21 November 2006) it will never happen. quoting;
"The controversial planet-definition resolution, passed Aug. 24 in a vote of just 424 IAU members, will not stand as worded. Some 300 astronomers have pledged not to use it, and many others say it must be redone to eliminate contradictions. It will be reworked, at the least, and possibly overturned at the 2009 IAU General Assembly in Rio de Janeiro, Brazil."
(
and you though demoting Pluto was a problem!!
I really prefer giving the name of the star and a Roman numeral, I.e
Altair IV (the planet in the classic sci-fi movie "
Forbidden Planet") or
Altair 7 (in the more recent movie "
Fantastic 4: Rise of the Silver Surfer") *
In my personal opinion, I think they are going to run out of names pretty quickly.
What does IIS'ers think of this proposal?
What would amateurs do? 
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Note 1 :Also reminds me of the naming of planets in Star Trek Original Series (TOS) or even Battlestar Galactica (BG).
Note 2. Interestingly, Circinus, Corona Australis, Equuleus, Leo Minor and Scutum have know known extra solar planets.