Continuing our coverage on Second Life, eBay announced today that auctions for items in Second Life will be exempt from eBay’s ban on items from virtual worlds or online games. The reasoning? “There is an open question about whether Second Life should be regarded as a game.”

Now, both the House of Representatives and eBay are taking Second Life serious enough to consider it “not a game.” If our government and a commercial giant believe Second Life to be a legit form of, well, life, I wonder how far behind a critical mass is. Philosophical debates about the merits of virtual reality aside, the implications for our society, human interaction and values is fascinating. As more governments go online, more companies, commerce, criminals, etc., when does this become something more than virtual?