BitInstant.com offers MtGox USD to Paypal instantly. 6% fee includes the paypal fee.
Can you explain the process in detail of getting an Mtgox code to give BitInstant? Can't find it in their F.A.Q.
1. Deposit BTC at MtGox
2. Sell BTC
3. Create USD coupon
4. Go to BitInstant and redeem the coupon (it will ask for coupon code and MtGox username)

Profit