This seems about right.
"Mr. Hani Durzy, speaking for eBay, explained that the decision to pull these items was due to the 'legal complexities' surrounding virtual property. "For the overall health of the marketplace" the company felt that the proper course of action, after considerable contemplation, was to ban the sale of these items outright. While he couldn't give me a specific date when the delistings began, he estimated that they've been coming down for about a month or so. Mr. Durzy pointed out that in reality, the company is just now following through with a pre-existing policy, as opposed to creating a new one."
"If someone participates in Second Life and wants to sell something they own, we are not at this point proactively pulling those listings off the site," said Durzy. "We think there is an open question about whether Second Life should be regarded as a game."