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I love the space but do not agree that a pure barter model can be exciting for users for too long. Barter and swapping is based on the fundamental assumption that users will share what they *do not* want anymore and that builds an inventory of things that may not be most appealing to the broader potential user base. The second big point is the absence of real world currency - adding currency, I feel, can make a big difference.
horrible name.
cya
Once one has read a book, or mastered a videogame, or watched a movie, and exhausted it's economic utility for one's self, one would gladly trade it for another unread book, unplayed game, or unwatched DVD even if those items are pre-owned. To do so easily and seamlessly will create a broad secondary market for these items.
Alternatively, to sell and then repurchase similar media has much more overhead in terms of transaction costs, and generally doing so erodes some of the economic utility (either to a middle man, fraudulent transactions, Ebay costs, finding a buyer and seller, etc).
I think swapping, and in particular Swaptree given their unique model, multi-way swapping algorithm, and mixed media types has the potential to be a Very Big Thing.