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Originally Posted by MadCat
So you release the service to thousands of webmasters, who will all compete for a handful of decent domains.

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It's nothing groundbreaking. There's already plenty of similar services. Most of the good ones are custom coded and not released to the public - be assured that any expiring domain with decent alexa or overture has already been backordered by dozens of people on pool, snapnames etc.
I was thinking of releasing mine a while back, but I don't have deals with Alexa/Google/Overture/etc in order to do so.
XPays provides a good price for people with no such tools to be able to grab less popular domains that they wouldn't know of otherwise. It's definitely a very good deal for the price.