Yes that's right, eBay fees are to go down, although we don't have the detail yet. However on slide 10 of the Q4 2007 Financial Highlights sets out the results of eBay's tests over the last year. Specifically eBay say their conclusion is to "introduce a New 2008 Price Restructure with an announcement upcoming to Sellers next week". This is on the basis that sellers are more interested in reducing upfront fee risk… back-end success fee reductions are secondary. "Buyers like pervasive photos across all listings" so expect to see free gallery introduced on all listings, plus tests have shown better conversion rates in Free Gallery tests. So that's what we can expect – lower insertion fees, slight increase to final value fees and free gallery for sure. Expect to see announcements over the next week on Feedback, Pricing, Support and protection. 2008 is shaping up to be a great year for trading on eBay.