wordoid.com

I prefer the following workflow: 1. Brainstorm with friends. 2. Benchmark validity - knowem.com - spyfu.com keyword search - ask customers of different nationalities/languages to spell it after they hear you say it. 3. Cover up half the word and see if the user can guess it. 4. Can the users guess what the app is for? 5.... (curoius to hear other people's methodologies here.)

"Scouring your brain for a unique name for your next product, company or domain? Boost your inspiration with suggestions generated by an intelligent naming tool. Wordoids are made-up words. They look nice and feel great. They are good for naming things. Wordoid is the most creative way to find a catchy name for your new venture."

I love Wordoid! I use it before I start any project to drum up name ideas.