Techcrunch reports that ebay is all set to pay out twice as much in affiliate commissions to smaller affiliates and the number going even further upwards for larger affiliates, starting June 1.

However, with the increased payouts, eBay has also published new Ts and Cs stating that search marketers may no longer send PPC traffic directly to eBay. Affiliates will need to build landing pages to eBay via which they may route their paid search traffic.
The Terms and Conditions will include this new clause:
Sphere Ita. Search Engines. You will not be compensated for paid search traffic purchased from Google.com, Yahoo.com, MSN.com, nor from any of their content networks, such as Google AdSense, Yahoo! Publisher Network, and MSN ContentAds, if it is linked directly to the eBay.com, eBay Express, or eBay Store domains (not “Commission Earning Activity”). The change in policy is limited to the eBay.com US program, and to the three search engines stated above. Linking to a non eBay domain is allowed.
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So it seems that there is always a condition with everything Ebay does. Fail to read the fine print when dealing with them and you come up short.