Ya, I think that's a fair price.
Ebay is definitely a buyer's market except in very rare cases. The only time a seller can really make out good is for a highly sought after, rare item that has a large audience(collectibles, items from recently out of business companies) That way there will be a lot of interest, a lot of bidding, and a high sale price. For "ordinary" items, people are looking for bargains---forget about trying for book value on any sort of used vehicle. I listed my Magna on ebay last fall for only a grand, it STILL didn't get a single bid- it books at $1300. I gave up, and I'm 95% sure I've got it sold now through a craigslist ad for $1250.
I love buying stuff on ebay...great prices, virtually infinite selection of stuff, and 99.9% of users are legit. I bought both my Magna and my Vmax through ebay. I paid $1600 for the Magna, put maybe $200 into the bike in 2.5 years, and am now selling it for $1250. Not a bad deal there.
I've found a good tip for craigslist is to "hide" your email address, and put your phone number in the ad....make sure to say something like "no emails, phone responses only". One of my friends recommended that, and I was at first skeptical that I'd start getting telemarketers and "phone spam", but I've yet to get a single unwanted call. Plus, 99% of calls I get are serious buyers, not people emailing me with stupid questions and low-ball offers. Something about having to pick up the phone and actually talk with the seller seems to weed out a lot of the "tire kickers" and bullshitters.
Let the bike run on c-list. Re-post it like once a week so it stays on the front page. If you don't get anything, you can try ebay, but it seems more often than not it doesn't sell at a price you want, and won't until you drop to a rock-bottom steal of a price.
I've sat on both sides of the ebay fence quite a bit(summer job was listing obsolete outboard parts in an ebay store), and auctions for vehicles are tricky. Say you want to get $2500 for your bike, but will take no less than $2200. You list the bike for $2200 starting bid, no reserve, hoping it will bid up past your "need" and any bids will be gravy. Runs a week, no bids. Now you have a decision: Drop the price to below your "need" price and hope you'll get at least two interested buyers to bid it up, no reserve. Or set the price at say, $1 and put a reserve at $2200.
From a buyer's perspective(at least for me when I was looking for my Magna and later Max), reserves turned me off. It's like going to a car dealer and them refusing to tell you the price until you commit to buying it. Who would do that? On the other hand, a trick some sellers use is to list their item for a rock-bottom starting bid, virtually guaranteeing someone will bid. Then they watch the price, and if it doesn't get to an acceptable level, they yank the auction with minutes to go(happened once to an item I was bidding on).
IMO ebay gives chess a run for it's money as far as strategy. There's a million techniques used by buyers to get the lowest price and sellers to get the highest. However, due to the massive availability of most items and fees associated with ebay, "common" items don't tend to sell too well unless they're at bargain prices. Nobody is going to drive hours away to buy a bike that's available on a local craigslist unless it's a fabulous bargain. Plus, most vehicle sales are done without the buyer ever seeing the item, so they're more skeptical and expecting there to be a few hidden gremlins.