Freebay - It's like eBay only free
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Freebay News:

02/05/11 - Freebay wins 3rd place in national Microsoft WP7 Application for the Community contest!

12/03/11 - Freebay 1.0 (Still in Beta) goes live for the first time! Stay tuned for more details.

04/03/11 - Freebay server is ported to cloud with Microsoft Azure Cloud Services. 

02/02/11- Freebay is still in development, expected release in March 2011.