So, let me just get this straight, @eBay want us to believe they're doing us a favour charging me the buyer 4% + Buyer Protection flat fee £0.75, a 4.75% mandatory charge on top of the £100 price the no-fee private seller has set their sell to me - no ifs, no buts, no choice whatsoever.
Should that be a £1 item the private seller is selling it will be 4% £0.04p + £0.75p + the £1.00 = £1.79, a whopping 79% on top of this exampled no-fee private seller item.
Seems to me @eBay are asking us - the buyer - to pay something extra to subsidise the cost of their no-fee private seller business model.
My opinion? it's 'farcical' but hey, please let me have your opinion on it for us all to have both buyer-feedback and no-fee private seller feedback to form a collective opinion.