eBay will make changes to product attributes, called Item Specifics, in certain categories in August. In certain Books, DVD & Movies, Music and Video Games categories, eBay will change "Condition" values from "New" and "Used" to "Brand New", "Like New", "Very Good", "Good" and "Acceptable."
eBay said during the relist or revise process, items that currently have their Condition as "New" will be defaulted to the "Brand New" value and items with the condition "Used" will be defaulted to "Acceptable." The condition will also be defaulted to "Acceptable" on new listings if the seller has not selected a condition value.
More information is available on Seller Central.
http://www2.ebay.com/aw/core/200807241523582.html
