Here is an interesting discussion talking about the selling costs between CTCW and Ebay. I think this is information you will all be interested in. And, look at the # of items they are selling and you will be surprised. This is proving that a new auction site, done correctly, can and will compete for Ebay's business.
http://www.chasingthechuckwagon.com/upload/showthread.php?t=131
http://www.chasingthechuckwagon.com/upload/showthread.php?t=131
