It's been around for a little while now actually Bill, and it's a very good funding option for recreational players IMO.
It's basically the same type of thing that Neteller is/was for U.S. players in todays market standards.
The level 1 is 750 and before advancing to level 2 you have to wait 60 days before your bumped to it ($1500 a week). I believe it's a repeat cycle before advancing to level 3 as well which is $4500, and that the maximum. It's been a while since I've really checked into this part here, so it might have change. However, the one that did stick out to me though was that you couldn't withdraw funds back into your bank using this processor.
BoDog, 5Dimes, Bookmaker and quite a bit of online poker site all accept this payment option. I'm surprised more books don't offer this payment solution really, maybe it's the fees they are hitting the books up for is the reason.
