OldSchool RS merchanting

Hey guys, long time no see. Decided to check in and see how RS is doing and after being away from the game something like 9-12 months, A LOT has changed. I see something called Old School RS (OSRS) from 2007 is back where you can start from scratch.

My questions are if the GE is in OSRS? If so, is the old way of merching (buying item out in GE and rising price) back in OSRS? If not, are there any great ways to clan merch in OSRS other than flipping?

I would check it out myself but I don't have members and I feel like being lazy and just asking here.  

Hey mat.
No there is no GE in the old school RS. There is only the basic old school merchanting which is standing in bank spamming something like "flash2:wave:Buying DFS 45m ~user3943"

However zybez.net has a 07 price check section, where you can place buy and sell offers and wait for somoene to pm you. I doubt you can manipulate prices with this, since there is free trade in 07. However you asked if there is any other way to merch besides flipping in old school rs. That zybez 07 price check also has graphs for any item so I guess you could try investing if you want.
07 also gets some updates sometimes, so if you pay some attention to the news you could do some update based investments.
You can find zybez's 07 price checker here: http://forums.zybez.net/runescape-2007-prices