Pretty much this, the exchange in a box idea.
Essentially if someone wanted to use GLBSE as an exchange, then the issuer, instead of charging a cashout/in fee would earn a portion of the trade fees.
Which would you think would be better? They get trade fees or charge for cashing out/in?
I still plan to go ahead with exchange in a box, I ended up not being able to do so with GLBSE1.0, but I think after a time (maybe after a month) I'll start work on it.
Nefario.