I think this should be "the rule." If a bidder does not honor their winning bids, then ALL their bids should be invalid. Of course this would mean eBay both doing the right thing AND making less money in the process, so it will never happen.
Amen! It really should be a rule.
If the last bidder backs out then their bid is invalid. It should revert back to where the price was before the last bidder jumped in, which is what I offered to buy it for, and the seller declined.
