So I started writing an email to an eCommerce site in Australia that I use a bit, encouraging them to accept BTC for payment. I got to the paragraph that starts "Once you've accepted BitCoins, you can convert them into AUD by" and then got stuck.
From what I gather, the process is something like this (!):
Create sell orders on MtGox until you have all your BTC in USD on the Mt Gox site (minimum $800). Do a withdraw funds on Mt Gox of your USD to put them into Liberty Reserve (1% fee). Use a third party exchange like m-gold.com to have the Liberty Reserve balance transferred into your bank account ($35 fee).
Seriously!? No wonder it's hard to get eCommerce sites to adopt BitCoin!
Is there no BitCoin2PayPal, where you send BitCoins to a BitCoin address, wait for a confirmation and around 10 minutes later the money is PayPal'd to you? Yes I know it's ironic to use PayPal, but until someone starts BitCoin2AUD (plus another for every other country) that's surely the easiest stop gap that gives every country in the world relatively easy access to BitCoin.