All I can think of are the cries of agony that surely follow when the buyer is inevitably banned from the game. Blizzard does keep track of gold transfers, and I imagine that transfers in such high amounts set off red flags in their system. So what happens when you've just spent $1600 on virtual property that Blizzard has politely reminded you belongs to them? (Yes, Blizzard does hold on to the idea that all in game items are their property, and thus cannot be bought or traded for real money.) I can think of less risky ways to invest!

No, this isn't something Blizzard is telling us -- they're still out there fighting with the issue of people buying and selling gold. However, Jeffrey Steefel, executive producer of Lord of the Rings Online, who seems to think that in the future, how MMO's handle the secondary market of gold, item, and character sales is going to have to change. In an interview with Eurogamer, he says:

But, we all know that something will happen in the next two to five years to business models in general, so we're paying attention to what's going on [with the secondary market]; watching what's going on with Sony Station whose servers support and manage this.

Does Steefel have a point? In the long run, is the only way to fight the secondary market to legalize it and integrate it with our games? But even if you look at Everquest II, where Sony provides an official method for selling gold, items, and characters for real cash, there's still a secondary market. And I've got to say, if Sony's method doesn't stop secondary market gold sales, I've got to wonder if any method of legitimizing the trade will. And while we wait to see what Steefel decides to do with Lord of the Rings Online, we can watch Blizzard approach the problem in their own way -- in the courts.

[Via Joystiq]

Proving that World of Warcraft is a big enough phenomenon for even the most mainstream media to notice, this three-minute clip features BBC reporters attempting to explain gold farming and buying to a non-gamer audience. While the information may not be terribly informative to those of us who already play and understand the game, it's usually interesting to see how exactly the media attempts to portray gamers to the larger public.

Previously on Moviewatch...

I would say that I'm sorry that Guildwatch is running a little late this week, but you didn't really notice, did you? No worries, we're here now, with all the drama, downings, and recruiting that any one man (or woman, or orc, or undead) can handle!

And please-- please!-- remember that this column runs on your tips, so throw any and all news you have about drama going on around the servers, guild progression, or recruiting notices in the box at wowguildwatch@gmail.com. You do it-- we just report on it, right after the jump.

We have had a lot of Breakfast Topics over the course of the past year. Some subjects are more popular than others. Some topics only appeal to certain classes. Some only to PVP junkies or the Naxx raiding crew. And then some topics completely explode and become the most commented on Breakfast Topic thread of the year.

Gold buying and you is the topic that inspired more comments, and more arguments, than any post this year. It started innocently enough. One of my guildies mentioned he had bought gold, was promptly tossed from my guild, and I wrote a post about it. You guys took it from there. There seemed to be three camps of folks in the comment thread...

• People who don't condone gold buying under any circumstance. Shadowbrand hopes that those that buy gold get "ganked until the end of time." Pretty harsh! They blame the overpriced economy on gold farmers, and ultimately on the gold buyers. Gold buying is bad!
• Another, more neutral group, that while they don't buy gold, can see why someone might. Lykaon makes the point that gold farming equals time and time equals money. He thinks gold is easy to get, so he doesn't buy any, but he could see the rationale behind those that do. If you don't have the time to farm it, why not buy it?
  
• A rather vocal minority who believe that buying gold is just fine, and that everyone else is on the wrong page on this issue. Forsaken points out that he has bought plenty of gold, and having a wife and kids makes it too time consuming to spend hours and hours mindlessly farming.
  

So there you have it. If you haven't read the comments in the gold buying Breakfast Topic, you really should. A lot of our readers went out of their way with some really excellent comments. Of course, some of the conversations get a little heated, but hey, it's still fun to read! And if you have any new opinions on gold buying, by all means, leave your comments right here!