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Thanks for the advice and kind offer. If I remember correctly, 1 and 1 seemed to automatically park these before I took up hosting and I just want to get the domain names and revert back to this (I think I need to do that before I can cancel the hosting).
Agree with all points and repeat them strenuously. I would also take the precaution of sending that awful company a fax confirming your cancellations (email won't cut it). That way you have it in writing should there be a 'problem' and you get a surprise nasty letter from a debt collection agency.One thing to remember about 1&1 is Domains/Hosting do not automatically expire, but are automatically renewed. So make sure you arrange them to expire in the control panel, or phone 1&1.
If you didn't cancel, and the credit card you used to purchase the domains no longer works, 1&1 will use legal means to "extort" the money from you.
I would also transfer these away to another host, as I'd never recommend 1&1 to anyone. If you transfer, most domains automatically get another year registration free.