Has eBay peaked?

Lots of analysis going on lately, including this piece contemplating the limit of the 'network effect.' From the article: "eBay may also be a victim of its popularity: by trying to accommodate their hundreds of millions of users, eBay may have ended up displeasing many of them. Indeed, the site is so bloated and feature-laden that its programmers seem unable to manage it anymore, and its customer service has become overextended as a result"