I have mixed feelings about the auction house. I'd love for it to work, but right now there are just too few eyes seeing what's for sale -- so some items that would sell easily on eBay won't get a bid at bitcoinhop.
Another problem is the instability of the value of a bitcoin. It's hard to put down a price knowing that the amount I'll receive in USD could be greater than or less than the value of the item I am selling.