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My beef with eBay is the content, not the system. It's buyer beware. You have to know you're taking a risk with every purchase. If you're not willing to take the risk, pay retail.
What I don't like is that 1/2 the damed items listed these days are scams -- pyramid schemes (now called "matrix"). 1 point print at the end of the auction that says "You're bidding on information, not the actual <insert item name here>".
I recently looked for a PS2. Of the 10 pages of listings, there were probably 20 real PS2's for sale -- the rest were all scams.
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