i'm sure there will be room for auction-style services, but there's going to be innovation and competition there, and eBay just isn't moving very quickly these days.

the other major trend is that both search and social distribution have substantially eroded eBay's original network effect as a destination for buyers & sellers... now both search (via SEM) and social (via FB & other networks) are also able to acquire & influence buyers.

anyway, i probably rag on eBay a little too much since i used to work there (via PayPal), but they have slowed down on the innovation quite a bit. that used to be offset by them buying innovative services, but that has also slowed down in recent years.