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Wednesday, May 31, 2006 

Peter T. Brown here, Head of Web Development at Super Oyster Inc. This is the first of many posts I'll be making here on our corporate blog and wanted to introduce myself. Hello All!

Over the last week or so there has been great response to our first public release and disclosure of what Super Oyster is all about. I've noticed some interesting things in the ensuing discussions.

First off, there has been the common misconception that the Super Oyster process enables people to cut in line. I want to make it very clear that our patented method for improving queuing processes does not and never will enable anyone to cut in line. Instead, we enhance existing waiting lists by making it possible for people near the front to sell their positions to others -- we never create new positions. Thus, the amount of time it takes you to get to the front of the line is the same regardless of how much buying and selling is happening ahead of you. In the case that no one is willing to sell their spot in line, there will be no opportunities to buy a better position. Remember, you can only buy from others!

Secondly, some folks have speculated that SuperOyster enabled waiting lists will be susceptible to rampant speculation. It is important to note a few things. First, this already happens with high profile lines for high demand items. It was a common for people to join a waiting list to acquire an Xbox to only turn around and sell it for two or three times that cost on eBay. SuperOyster does not enhance nor retard this common practice. Second, in response to this common reality for high demand items, many resource owners take steps to mitigate this risk. Common tricks include charging a fee to be in line (common within the NFL for example). Others have those in line sign a contract that requires a purchase once the person had reached the front.

So, with a Super Oyster enhanced line, there could be some risk to getting in line if done only with the intention of re-selling your position. Since positions in waiting lists are susceptible to market changes -- just like stocks in companies -- there is the chance that the cost to be in line may be more than the cost for which a position may ultimately be sold. Imagine spending $50 a year to maintain a position in line for say, NHL Season Tickets, only to find that the team becomes progressively unpopular and your position at the front can only be sold for $10 after a few years.

It is very important to us to honor the effective, well tested, and equitable aspects of plain old lines. That being said, we think there is a lot of room for improvement in the process and we think we can dramatically improve the experience of both the resource owner and those waiting in line. And, as ever, please keep the comments coming!