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the SL Courts? haahah, we can count the people there, virtual or otherwise, on less than one hand. Seems to me the business losses, sin taxes, anything incredibly popular and lucrtive in R/L will remain back where the virtual cigarettes, virtual booze, and things are all but locked away.

from rueters...
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"For example, in Second Life up to US$500,000 in user-to-user transactions take place every day, and the economy is growing by 10 to 15 percent a month.

“Ownership, property rights, all that stuff needs to be decided. There’s just too much money floating around,” game designer Sam Lewis, who trained as an economist and has worked on games such as Star Wars Galaxies, said in a telephone interview. “The tax laws don’t know how to behave because these are virtual items: ones and zeros on a database we’re allowing you to play in,” he said."
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Well, we don't have to rehash your property rights issues here and now, they are well known.

Accountability?...well, you have already touched on the police and courts, -and we know what they are comprised of basically, so we are left with...

profit? income? YEPPERS...expect more taxation. After all, there is no judge, jury, or a great deal of debate in ...

an sql query far more complex, but like SELECT ALL from USERS where (LANDOWNERS=1 AND LAND_VALUE>0))...etc etc. will leave no appeal, no judges name, and certainly no jury of your peers.

I'm just waiting for the tax code to include churches and reservations, I'm sure some of my ancestors knew a native american, and VR needs a Metachurch of the Our Lady Holy Rollers" anyway. We could gamble in the name of religious freedom. Praise Jesus, pass the poker chips!

Note: NO offense meant to native americans or those with strong religious beliefs, --it was a tax issue and the law.