Well I for one really like eBay. In some sense it brings the swap meet to you. For years and years when I was kid I would have to go to swap meets and deal with these old guys who thought their rusty crap was gold because it was for a Mustang or Camaro. Ebay has humbled a lot of these guys, you can watch an auction get posted a few times with no bids because the opening price is to high, and then email the guy and offer a price. I have gotten many good deals this way. There is a chance when bidding for sure, but with the return policy for poor description, and paypal securing your funds, I have hardly had a time where I got junk and had to keep it.
For this car, I am not sure why Greg Long would have bid.