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Hi, i have also been interested to register one domain which is pending renewal or deletion regarding Godaddy.
So i was interested when the domain will become available and free for registration.

The Godaddy process is following at the date im writing this post:

After domain expiration:
Godaddy Day 1-12 Godaddy sends the domain owner 3 renewal request emails. And owner can renew the domain at no extra cost - for standard price.
Godaddy Day 19 The domain owner pays extra $80.00 redemption fee for domain renewal.
Godaddy Day 26 Domain is added to the expired domain auction.
Godaddy Day 36 Expired domain auction ends today and if there are no backorders and no bids, then domain is listen in closeout auction
Godaddy Day 41 Godaddy closeout auction ends today
Godaddy Day 43 Domain is assigned to a winner or if there are no bids, backorders etc, domain is released to the registry and available for new registration from anywhere.

Please comment here what is your experience with this proces etc. Your input is most welcome.