Well here is my view point from being a buyer only. If you want to make me put money in escrow then I want the item for sale shipped to Ebay to be held in escrow too.
I do not see how the seller is in any danger of a "bad bidder". The seller still has the item. The buyer is taking much more of a chance than the seller. The seller can just re-list the item for sale.
When I buy something I have to pay for it and HOPE that the seller is going to send me the item pictured in a timely manner.
As for the snipping. If I was a seller I would make it not possible to do it. The floating end time after the last bid would be how to go. That is what happens at a "live" auction. The auctioneer waits until he does not get any bids for a time and then sells the item.
Snipping is a trick to keep the total price lower and snip in an "steal" the item.
If I was selling much on Ebay I would make there be a reserve on all that I sold. That would keep the snippers from being successful.
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Today's Featured Article - The Fordson F Ignition System - by Anthony West. A fellow restorer contacted me earlier this year asking for some help and advice on a model F that he was restoring. He had over a period of months spent a fair amount of his hard earned cash on replacement parts for the old "trembler" ignition. Sadly though all his efforts seemed to be a waste of time and money as he still couldn''t get the temperamental old thing to run correctly!! If i said that this was a little frustrating for him that would be "conservative" in fact the problem had reduce
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