Diablo 3 Auction House Trading

One of the most interesting things i have read about this game while endlessly waiting for it to come out is about the in game auction house. This is a new unique concept by blizzard where a player can sell their in game items they have found while questing or killing monsters, for real life currency on an auction house designed specifically for that purpose. There will also be a classic auction house in the new Diablo game where players can sell their items for gold (old school), this will keep players who are maybe a little scared or intimidated by the new idea (not sure which I am yet) happy while also trying this very new very big idea out for real. The fact that Gold sellers and scammers and Bots have been a massive drain on all virtual money in games like Diablo, Warcraft and Runescape makes players, at least me anyway, have a sense of whats the point? if i can spend an hour making 1000 gold in a game and a Bot can make 5000 an hour it takes away from the experience and fun of the game never mind ruining in game economies which again takes away from the fun of a game. This new idea will be widely accepted as a permenant solution to these sorts of problems, Runescape for example, tried making the game so that trading was not allowed to solve the problem of Bots and Scammers and that pretty much killed all of their trade but it make the rest of the legitimate population of the game unhappy, they have since brought back trading in the game and placed other features in to stop in game economy problems.

What's the difference between the gold-based auction house and the currency-based auction house?

The gold-based auction house uses in-game gold for purchases and sales. With the currency-based auction house, players will be able to conduct these transactions using actual currency from an authorized payment method or from funds that have been added to their Battle.net account. Players can choose to participate in whichever version of the auction house they prefer, on a per-transaction basis.

http://eu.battle.net/d3/en/services/auction-house/regions

In my personal opinion i think that this is an extremely good idea but it has the potential to case many many problems, eg addiction, password hacking, account theft, massive time consumer, poorer countries people will use this system for a living. Only time and player feedback will tell how this will work and pan out, i personally look forward to getting a good weapon drop, selling it and essentially earning a real life pizza for free :)