I don't care how trusted anyone is, I'm not sending first. If anyone goes wrong then im bummbered! At least you have PayPal on ur side!!!
Tell you what, we can do the deal 0.25 BTC at a time.
You send 0.25 BTC, then I'll send $7 PayPal.
Then you send another 0.25 BTC, and then I'll send another $7 PayPal.
We continue until you've sent all the BTC.
That way if I fail to send at any time, the most you lose is $7, but if I want to continue to receive the discounted BTC, the only way to do so is for me to continue sending.
$7 per 0.25 BTC = $28/BTC = $470.40 for all of it. You get an extra $0.40 more than my initial offer that way as well.
This (and my previous) offer are only good until 2013-02-24 06:00:00 UTC