A Paypal Offer - Is This Secure?

Hi All,

I am selling a CAT amplifier and have a paypal offer from a buyer who has very little feedback (only one transaction) and does not speak english well and communicates only small bits of information at a time. I am nervous about this. I spoke with paypal and they told me that as long as:

1) I am selling something of substance
2) I ship to the paypal address, no other address
3) I can document the shipping of the product

I am protected as a seller. If this is true, I should be able to accept his offer and make sure that I am shipping to the address listed in paypal, and I should be fine shipping pilot air insured (with tracking and all, including photos of packing, etc). What do you guys think? Is this too much of a risk, or not really a risk at all?