you can also buy bitcoin at MtGox, transfer to Btc-e, and use it to buy alt coins. It's almost instant transactions.
Agreed, with on exception, you have to wait for Verification on Mtgox (last I heard, there are about 10-20,000 people in line for that).
However, he's not offering much of a premium for this service, which is probably why no one wants to do it.
That and they would need to be registered as a Money Service Business
I use
https://vircurex.com/ for my alt coin needs.