Great thread, some interesting points, some complete BS and a special thanks to the more level headed people who bought in the exact technical issues of "instant" transactions.

No doubt services or methods to make this possible or at least within a much shorter time span are needed for general adoptance of BTC in everyday online spending.

Good point about values, until Bitcoin finds its stable value, people cannot really trade. It's more than "displaying the BTC price". The cost/price of deals would be changing daily and making business via BTC impossible. You could pay for "deal A" in the morning and that cost to you could of doubled by the evening. You could be losing, gaining double in a day.

No merchants or buyers can trade like that.

As to creating a zero transaction service, I would genuinely be interested in working with anyone keen to make that happen.