Coolwave is about as untrusted a member of bitcointalk as you can imagine. I wouldn't doubt this in the least.
I used a transaction accelerator service here on the forum once, and right after my post the guy asked me to leave him a "review" on his trust page. I suspect that's the reason a lot of people start these services in the first place--to gain trust. What they do with that trust afterwards, who knows. But it's like a status symbol around here, with the green-trusted members slapping their big dongs around in everyone's face. All the micropecker Asians will do anything to increase their girth and/or length, so to speak.