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I can't help but get the feeling that the RMAH is just a facade for direct item sales. What better way to get players to buy exorbitantly priced digital goods than to lead them to believe that they are actually buying items from other players; when in fact, it was a cleverly disguised pseudonym generated internally by Blizzard.
I mean, altering droprates and then spawning items internally to sell in this manner is completely out of the realm of possibilities.
I question the integrity of the RMAH system. I would prefer to know for certain that I am actually buying items from Blizzard than buying it from Thorbius "AKA - randomly generated pseudonym 1,345,678"