Web forwarding is a technique that gives you the ability to forward one domain name to another.
Speednames allows you to perform two different type of forwarding:
Allows you to redirect one domain name to another without showing the user the end location; as far users know, their still looking at the original domain name.
Straight web forwarding
Using this technique you redirect the domain to another one and display the end destination to the user. Normal web forwardings are useful to recover traffic from domain name spelling mistakes or different domain spellings (ie. forwarding traffic to a domain that uses hyphens to one that doesn't). While these techniques offer similar results to domain aliases, domain aliases operate at the webpage level, allowing users to still see the full URL