No Profile Found
Sep 23rd 2011 10:15AM In the interview that announced epic gems Ghostcrawler said this:
"They'll be somewhat rare. It may take the entire content cycle before someone has replaced every red gem they have, but they won't be so rare that you won't see them."
You're right that this raises questions but at the moment we simply don't know the answers - until we get more information on the exact mechanics from Blizzard anything you here is speculation.
Sep 23rd 2011 10:02AM AFAIK the only official information we've had on epic gems is in an interview with Ghostcrawler posted on Tankspot - http://www.tankspot.com/showthread.php?77571-Interview-with-Greg-Street-AKA-Ghostcrawler
Crucially this interview doesn't say anything about whether the gems will be cut or not, or if they will be BoE or BoP.
This is why Basil says that the gems being tradable is his prediction - no-one from Blizzard has said either way.