New Multisig Market offering some simpler way to use the multisig system, this is an overview written by the site creator about how to use the multisig / features and security:
http://www.deepdotweb.com/2014/04/19/1776-market-automated-multi-signature-escrow/
I Asked the admin to follow this thread and answer any questions, so i hope he does.
So when I put my money in this "escrow", it is no longer mine? The market and the vendor only control the transaction from that point forth? Nope. This sounds like a scam.