This makes sense now that Absolute Poker and Ultimate Bet are under the same ownership umbrella. You can transfer money to yourself between sites, or you can transfer to other people.
http://www.pokernews.com/news/2007/8...-transfers.htm
It would really be interesting, however, if sites that weren't owned by the same group allowed site-to-site tranfers. Buzzy knows a guy who would really like to move his Pitbull Poker balance over to PokerStars ...