Pre-2007 accounts, YES. Post-2007, NO. UNLESS you are APPROVED by ebay to use a merchant processor other than paypal. There is a way around that by doing the cartmanager + Google Checkout method, and I have done this. But a lot of customers will raise sh*t over not being able to use paypal and blah blah. Even if you mention in your listing that paypal is NOT accepted, there are people who do not read. I plastered it 4 times in big bold letters that all credit cards were accepted but no paypal was accepted....people still didn't read. They see a picture, a price and a bid button.
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