Ha ha, in the 15 years since this thread was started - eBay feedback got even less useful because sellers can no longer leave negative feedback for the buyer.
About a month ago, I had an item listed on eBay for $1800. Buyer made me a $1500 which I immediately accepted... then nothing. Never paid. All I could do was wait 10 days to close the case and get my fees credited. Couldn't leave the buyer negative feedback. eBay will "punish" them only if they do that 2 or 3 times in like a 3 month timespan... so basically, there is nothing you can do when someone doesn't pay and you can't even warn the community with bad feedback.
That said, I still get a warmer, fuzzier feeling when someone with 500 feedback bids on my $2k item than someone with no feedback.
A new problem is that no one leaves feedback any more. I only have 1 audiogon sale and didn't get any feedback. On another site, I've done about $8k in purchases recently and no one has left me any feedback there either... heck they don't even show up in my transaction record!
About a month ago, I had an item listed on eBay for $1800. Buyer made me a $1500 which I immediately accepted... then nothing. Never paid. All I could do was wait 10 days to close the case and get my fees credited. Couldn't leave the buyer negative feedback. eBay will "punish" them only if they do that 2 or 3 times in like a 3 month timespan... so basically, there is nothing you can do when someone doesn't pay and you can't even warn the community with bad feedback.
That said, I still get a warmer, fuzzier feeling when someone with 500 feedback bids on my $2k item than someone with no feedback.
A new problem is that no one leaves feedback any more. I only have 1 audiogon sale and didn't get any feedback. On another site, I've done about $8k in purchases recently and no one has left me any feedback there either... heck they don't even show up in my transaction record!