Book Exchange: BookMooch.com
I do not feel that a book exchange poses a serious risk to online bookselling. While some customers will use a book exchange over a store, they are generally the customers that are interested in the lowest price possible - not ones interested in collecting a book of beauty.
For book scouts, I believe these exchanges offer a good opportunity to discover previously uncirculated books. While I don’t know the quality of book you’d receive through an exchange, it might be worth looking into.
To take a look at BookMooch.com, click here