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i used to work for iBill as well. You're correct in that iBill basically existed because it processed for porn. If you're non-adult, there are any number of processors that'll take 2-3% instead of 10-15% of your money. I don't get why someone would want iBill just to process normal stuff. Very low margin at this point. Of course, just because John Perry wants to buy it now isn't any real indicator of success. He's the one that made Intercept buy them before and they're taking a 135 million dollar charge. His timing has kind of sucked in the past :-)
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