My friends are perfectly okay with limited registration, they're even okay with no registration (CKC lets you register any dog at 6 months for a fee and with pictures showing that the dog is the breed that you say he is, so if they really wanted a paper to frame, voila`!) but they find that they're being forced into breeding contracts at every turn and they're just not cool with the neutering thing.
No one is planning on breeding, it just brought up the question of, "Well, what if...". It seems like the breeders aren't keeping a lot of these slightly faulted dogs because if they kept everyone one of them to work on their traits, they'd quickly find themselves buried under Yorkies!
(And, for the record, I can understand no breeder would want to look at him:
http://samugliestdog.com/ and say proudly, "Yep. I produced that!"
)