From what i can tell:
If you apply for the domain name between now and 12th march you get it on the 12th march if nobody else applies.
IF someone else applies the domain name is held in an auction after the 12th (possibly up until the 26th march).
... so in short, hope that you're the only applicant and dont register domains that are way too obvious until after the 26th march (at which point normal registrations apply).
... please correct me if i'm wrong!