Don't know if that has been the case for ages, but for anyone listing a console, this is by far a better punt than ebay.
The proceeds of your sale will be added to your PlayFunds account, minus a commission of 2.30% and a fixed closing fee of 50p.
You can use your PlayFunds to buy things from Play.com or other PlayTraders.
You can withdraw PlayFunds to your bank account, subject to a 5% transfer fee.
As you have elected to receive your PlayFunds proceeds in Sterling (£), if a customer buys from you in Euros () we will convert this at the rate of 1 = £0.8 and add it to your PlayFunds account in your chosen currency.
So a sale of a Playstation 3 for example for £300.00 will give you £292.60 credit, or £277.97 cash.