Parting out is not bad. You can disassemble the bike in about 45 minutes. Get the right chemicals, and you can have the components, frame, bars, etc. clean enough for decent pics in about another 60-90 minutes. If you're on C&V, you've probably got boxes. Take pics, spend an hour loading on eBay, and sit back. In the next few days, pack all the parts and label the boxes. When the buyers' PayPal clears, simply print the lables from eBay, and drop off the boxes.

If you paid $40, and you get $300 parting out, that's $260 for about 4 hours of work, or $65/hour.
If you paid $40, and you craigslist for $200, that's $160 for about an hour, much better.
Me, I like the money, and I'm not afraid to work for it.
I'd rather part out a bike than send one whole.