I have to say that the new feedback system is ridiculously biased in favour of the buyer. The detailed seller listings already gave a goodindication of how a seller performs.
The worst aspect of this is the fact that I had set my seller account to no longer accept bidders with a -1 or below score. This has had a positive impact on the percentage of non payers I get.
Don't forget that the fear of leaving negative feedback works both ways. There are plenty buyers I would have felt justified in leaving negative feedback for but held back through fear of a retaliatory negative.
My fear now as someone who sells and works is the attitude of people like BF. These people seem to forget that there are very few (as a percentage) professional sellers on Ebay.
I for example sell quite a lot but I do have a full time job as well. Therefore I can't always go to the post office and clear most of my backlog at the weekend. This can mean a time from end of auction to buyer receiving of up to a week. I do not feel this is excessive but I think I may be penalised by those impatient buyers who pester me with emails if they don't have their item within 2 days!!
Apologies that was a little rant!
Edit
Also I do believe that Doomy although he sounds like a prick, does have the right idea with Paypal. It is best to get the money in your account straight away and with foreign buyers especially it is best to hold for a week or so for reasons I wo'n't get into.