Only caught this now, Hobby Search announced that they will start Paypal service again. In line with that they have also announced a Paypal commemorative sale that will last till April 30, 2010. More details on their Paypal service can be found in this faq.
Last October they already announced Paypal service would be implemented but suddenly had to retcon that announcement after they ran into trouble with their Paypal account. I could only speculate that its because of the adult stuff that Hobby Search carried that could have caused the banning. Paypal frowns upon such items and is one reason why merchant accounts are instantly terminated.
The benefit of Paypal is that it is a safer way to transact with merchants because you don't have to leave your credit card details with a merchant, but rather only with Paypal. For countries that have been banned by Hobby Search from transacting with them, Paypal is the only way for you to be able to purchase from them
