For me, eBay was never about the auctions. I could care less about auctions - they're usually more of a nuisance than anything. It's about finding low-cost surplus or used products in a structured and organized shop.

It's a one-stop antique store, swap-meet, and Crazy Louie's surplus store. I'd much prefer for the sellers to lower their prices to attract the customers, rather than vice-versa.

If that's what they'll eventually evolve into, good on them.