Time makes good pedals that work, since they started making clipless pedals shortly after Look pioneered the industry just before the mid 80's. I always wanted to try out Time pedals since then, but I always found Looks to be a much better, more efficient clipless pedal design. The Time pedals seem to always be a bit bulkier and heaver with more moving parts than the very elegantly simple and light Look pedal designs, and that is why I think, Look had always been the leader in the industry while Time seem to be always catching up with Look in term of popularity. Every time I shop for a new set of pedals for my C&V bike projects these days, I always consider trying out Time pedals, but I always end up concluding that Look pedals still give me the best value for my money, as much as they did when I bought my first pair back in 85 for my PSV.
As for old Time and Look pedals going for peanuts at eBay, It seems like pretty much all of them do (except for maybe the Campagnolos becuase of goofy reasons we are already familiar with), including Looks as you can usually get new clipless pedals at the end of the season from retailers like PBS for so cheap (I bought all my Keo Classics in the past few years from them for something like 68 bucks a set) that it does not really make sense to buy NOS at ebay, so the market for C&V/NOS does not really exist... I also consider clipless pedals like ski bindings, so I always try to go for the newest/best designs for more safety.
JMOs