[n00body]

Heck yeah it affects how much things cost! An interesting little example of this is that guy Obulek (or however you spell it) who has the bounty of finding those emeralds....from the Gate House website it says if you sell one emerald back to Obulek and then the other you'll get like 500 gold or something for each emerald. But I think, since I accepted that 200 gold reward earlier from him that wasn't mine and he found out about it, my reputation with him went down so he gave me less (only 150 gold apiece!) for those emeralds.

At least that's MY theory as to why he gave me less.

Btw, my rep is 14 right now...is there a theoretical limit as to how high it goes. And do certain items at stores (like say at the smity in Beregost) appear once your reputation is at a certain level (all my characters are neutral good or better...except for Branwen who is true neutral I think).