Bitcoin Price and the Real Potential into the ...

There has to be a better way.

I'm curious how most people buy bitcoin, it seems to me that the current options for buying bitcoin are just terrible.
For example, (1) create an account at (2) create an account at (3) send a check to to purchase funds at (5) create an account at a bitcoin exchange eg. mtgox or ruxum (6) transfer funds from to my bitcoin exchange account (7) place a bid on some bitcoin.
Seriously.. there has to be a more streamlined way to do this. Not to mention that in most cases you will be dinged with fee's at least once if not several times along the way.
Why don't bitcoin exchanges accept personal checks or direct bank deposits?
I wish I knew someone locally (vancouver) who would sell me some bitcoin for a fair price but the only ones I can find are on craigslist and they are charging $20 CAD for 1 BTC.
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