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Are we just an honor system of trust?
Yes. And it is one of the Many reasons why we ask that members participate and have certain time and post count requirements.
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The typical transaction is payment first, in the form requested, and then shipped ?
Typical yes...however there are dozens of members that I trust completely and would ship something before payment was ever sent.
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Do most use Paypal, or avoid those fees also ?
PayPal, check, cash, MO, bullion, or trade...it's all personal preference.
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Feedback?
Not needed. All former transactions are fully visible in the Ended section to see what things were sold, how much for, and who bought/sold them.
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Are these transactions mostly lower cost items?
Generally yes but not always since sometimes there isn't a baseline for some items besides completed listings on
ebay.