My initial thoughts are..."Excellent. Finally an Ebay policy I agree with"
(Almost) every time I think I'm in with a chance of a bargain, because I'm watching it planning a well timed snipe, it disappears with less than a day left. It's always something like "error in the listing" or simply "no longer available".
Very recently I did win an auction with a snipe. It was for the opening bid, as I was the only bidder. The waster re-listed it instantly.
Before that I won an auction with the infamous "I reserve the right to remove as advertised elsewhere" tucked in at the bottom of the description. The waster politely informed me it had already been sold 'elsewhere', after the auction was finished! Needless to say it was re-listed within a week. I no longer bid when I see that.
I only use Ebay to try to get a bargain. If I want to pay anything like 'new' price I'll go to a shop and buy new.
Like i said, these are my initial thoughts, but in true Ebay style, "I reserve the right to change my mind, as these thoughts are being considered elsewhere!"