I have bought and sold hundreds of items online. I have had some issues but nothing like this.....I personally talked with this guy and he seemed like a heck of a guy...He walked the walk and talked the talk. He had all kinds of reasons why not taking Paypal and they seemed legit.
The moral is even us schooled at the scams can be had by someone with something new. I still don't take paypal personally but I have feedback to back up my reputation.