just so you don't get distracted by the last comments by Seth on Dan Gillmor's blog, here's a good summary of Owen's story (the opinion is a bit off, I'll explain later):
"My only point was to mention that they lied, outright lied, when they said they didn't benefit financially from the eBay transaction, and that they acted in poor character when they decided to malign the co-founded Phillip Knowlton, who did nothing to deserve this treatment. Phillip walked away with a lot of money, but he was also demonized, by people whom he had formerly trusted. And again, as was reported above, the only reason he sold was because he was being squeezed out." (comment by Valleygurl in Valleywag)
the thing is that, as I said on Dan Gillmor's blog... if we go by what Craig said on his blog, on the issue of having profited from the transaction, he didn't straight out lie... was he vague and ambiguous, which resulted in having even seasoned journalists believe he didn't profit financially? -- absolutely! and that's nothing new for Craig...(it seems to be his trademark -- he appears to be extremely good with ambiguity: things just "happen" to click in his interest, over and over and over... the chance that would just happen seems to be minute) ... that's another reason why I found Owen's story quite plausible...
however, on the issue of Phillip Knowlton's part in the affair, Vallygurl would be correct... craigslist was way more than just vague and ambiguous: it demonised somebody they temselves squeezed out, somebody that as a consequence had no choice but to sell...
and the real straight out lie seems to be the "symbolic ownership" (no dollar value) Craig talks about... which is at the crux of Craig's whole story (as we know today, craigslist was profitable at the time -- I don't think that was publicly known in 2004 when Craig told his story)
P.S. keep in mind that Owen's story does NOT come with proof attached (but then, neither does Craig's ...)
P.P.S. also, as far as I'm concerned, bringing to light the truth about things other publications got wrong is the redeeming value of tabloids such as Valleywag... D.