Don't do it, you'll regret it and not to mention it's illegal in about 95% of the world. Even if you have it hosted offsite, your home location laws can apply.
get an offshore server. build a nice tos and a great hosting site. get few members who can work for u..!!
well i visited your website, it's goud. You should have more decriptive. So, that the users or viewers can understand and buy it.