members with no feedback?

I usually wait to see if a member with good feedback makes an offer. I am more likely to take an offer, even if a little lower, from someone with good feedback. Not a guarantee, but a little more reassurance. Also, I wait a day or two after receiving the money in Paypal to make sure the account is still good.

"Some members seem to forget that they had no feedback at one time. Why do they feel that they are more worthy of trust than others are?"

You're kidding, right? Someone with an Audiogon rating of 300 is not more trustworthy than a person who has no feedback because they have neither bought nor sold anything here? Not in my book! I remember my first transaction and I was nervous that the seller wouldn't sell to me because of it. So I was extra nice and communicative to make sure it went well. That's what first time buyers and sellers should do-establish trust. It is earned, not assumed.