I have had the email - it doesn't say that you will be paid 'once the buyer is happy' but when the item is delivered.
I think a lot of private sellers will be leaving - I may still list from time to time, but, for me, 'simple delivery' is the final straw. I want to decide what postage service I use and will no longer be able to.
Hopefully, a lot of 'private' sellers who are blatantly trading and breaking consumer law with a 'no returns'policy, will upgrade their accounts when they see their are no longer any benefits to a private account.
We shall see.
"There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.”
Søren Kierkegaard, Danish philosopher (1813 - 1855)