I’ve been watching the GreedBay boycott with great interest. Sellers are furious (and rightly so) at eBay’s outrageous behavior – they’ve implemented a new “fee” structure that essentially puts small sellers out of business, their management has acted with great idiocy – apparently, their CEO made an assinine comment that FeeBay wants to lose it’s “Internet flea-market” image (now if that isn’t a stupid comment, I don’t know what is), and sellers are flocking to other Internet auction sites.

In addition, GreedBay has implemented a new “Detailed Seller Review” program where buyers can nail sellers on such things as “shipping speed” and “shipping costs.” I, like many others, have already been burned for that even though I have ALWAYS shipped my for-sale items IMMEDIATELY and I’ve only charged actual postage: not a cent more.

Not surprisingly,  GreedBay’s traffic rank on Alexa is also plunging: here’s the current chart that shows what’s happened over the past year.