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But... Selling your business on eBay is a scary-looking exit strategy for any potential buyer.
Anyone else think that price may have been a tad high?
What could actually be a neat expirement would be going the other way: building some software, and then selling it off (like this) but at a really low bid (like, starting off at $5). You could probably use it to slightly guage how much your code+support might be worth. Would at least make an interesting serie of blog posts.
Why wouldn't they sell the app and userbase as well?
One thing I asked about in the original HN thread that went unanswered was the test code. Do they have any? Unit, integration, performance, etc. and what does the coverage look like?

$50k seems unjustifiable without tests and benchmarks.

They're selling 9k lines of code, with only a week's worth of support, plus another week if you pay more for it. That's probably interesting, but what are the odds of it being $50k worth of interesting?