So Wired now has a story about the ongoing lawsuit between Marc Bragg and Linden Lab.
Basically it is about somebody finding and using a loop hole in the land auction system of Linden Lab and thus getting a sim for a extremely low price. Linden Lab in turn blocked his account. So read more in this story or listen to the latest SecondCast which also does address this issue.
Second Life Land Deal Goes Sour:
An online real estate developer sues gamemaker Linden Lab for allegedly repossessing his cyberproperty. Are real judges ready to deal with virtual worlds? By Kathleen Craig.