Update- November 14, 2008: The representative of LeapFish stopped by to dispute that below example of eBay listing belongs to them. I take them at their word. But in my opinion the listing itself remains somewhat deceiving, and an average user may be left with the impression that person listing the auction is associated with LeapFish. The representative of LeapFish disputes that fact.

New “search engine” LeapFish, a division of DotNext Inc, is selling/leasing their #1 position for the term “Realtor” on eBay:

LeapFish seams to be spending no money on Pay Per Click advertising themselves, according to SpyFu:

But they don’t look shy at all spamming websites like SEOMoz:

In my opinion you can drive more traffic from Google AdWords at that price. What do you think? Would you pay $1000 dollars a month for #1 position at LeapFish???

UPDATE: TechChrunch just wrote an insightful post about LeapFish- well worth reading. Hopefully there will be more lively discussion about LeapFish on TechChruch.