Well, I see negligible risk in buying BTC on localbitcoins - as opposed to selling. (When you sell for reversible payment like SEPA, then the buyer can revert it under some circumstances, and he gets both euros and BTC.) This on the other hand means that sellers are cautious and may require ID card or waiting few days after receiving payment.

I trade here pretty often, and last time I met a scammer was in August 2013. True, I am selective about buyers, but overall I'd say it is not that scary there.