I always use
http://fantasynamegenerators.com/town_names.php. It gives you 10 names, and you can instantly generate more. I generally pick and choose- sometimes I only get 1 or 2 names out of the 10 I like.
I understand that you want community input.
However, the thing is, the territory names should be something YOU like. You're the person who's going to see them the most, and most (if not all) players don't look at the names.
That's just my thoughts- if you really want community feedback, I can whip up a list of names I like.