I think the amount should be stated correctly. The dispute is about 271 mBTC.
There is also the inability of the alleged victim to produce a written contract supporting their statements, so using type 3 for this flag is also likely incorrect. I asked that question a few times and all I got back was some hypothetical doomsday scenario. A written contract flag should be bulletproof.
That's why I don't support the flag myself (the written contract part, not the amount), but I also think the matter should be dealt with.
I would have had no problem in supporting a type 2 flag.
I have the feeling we spend more time commenting if the right flag was used for the sake of the argument than actually discussing the matter, which could ultimately be efit the alleged perpetrator. Pitty.