Its $199 or pretty close to that and then they give you a discount on a sliding scale so to speak meaning the higher the dollar amount of the item your selling the lower the discount. For example items under $50 I think it is, you get a extra 10% off the member price and items $100 7 or 8% off and so on. If I remember correctly anything over $200 is an additional 3% off the so called member wholesale price.
Personally I think if your looking to use it for a eBay supplier there's not much profit in it, their pricing plus by the time you add taxes and shipping doesn't leave much. On the other hand if your looking to get a free website preloaded with goods ready to sell to the general public online who dont shop on eBay its not a bad deal for $29.99 a month. Cost you alot more $$$$ than $29 to build your own site. You can choose from different templates for your site look and choose from a list of availabe domain names to call your site. If you dont like the names available you can choose your own and then transfer it to them. Plus its pretty easy to manage your inventory and decide what profit range you want to work with. They start out at between 6 to 10 % profit margin but you can raise it as high as you like. But if you increase your whole inventory all at once say up to 25% then its lock in and you can never lower it back down. You can raise up and down one item at a time or by category just takes a little more time. Also as of June you can add your own products as well. By the way I had own site with them but I have cancelled it and use a different company to host my site which is under construction and I'm shopping my products from various suppliers which are alot cheaper than Megagoods. Hope this helps!