eBay places restrictions on PS3 auctions

After the numerous eBay fiascos surrounding the Xbox 360's launch last November, eBay is cracking down and setting some firm guidelines for auctions for the PlayStation 3, as well as the Nintendo Wii. The rules go as follows:

• Only one of each console can be listed per seller at a time prior to the system launch dates.
• The seller must only accept PayPal payments and have a minimum of 50 feedback and a rating of 98% or higher to qualify for PayPal Buyer Protection.
• The pre-sale can only be in Auction format, no Buy It Now listings will be accepted
• The listing must include a clear photo of the pre-order receipt in the description of your auction

The online auction house hopes this will keep uniformed parents from being fleeced by false auctions, such as those last year that were for an Xbox 360 Box, as opposed to an actual system.