We've been following this story since we broke it yesterday, and it has caused much controversy. E-Bay began removing PS3 auctions since they hit yesterday morning, however there has been an uncontrollable flood of auctions in the last few hours. It has absolutely overwhelmed the E-Bay mods. The average going price is around $1500, though we've seen some as high as $10,000 and even one going for $1,000,000. However, the higher prices like that usually don't get the bids.

We are still waiting on E-Bay's official response to the situation. in the meantime, enjoy the circus!