I'm not going to argue that Ebay hasn't made some really poor changes in policy (like the seller can't leave Neg feedback), but I think you guys are talking it up a bit. I still love Ebay!
There has been an increase in good deals since they released Ebay mobile. The average Joe can go to his closet and list his old autococker in 3 mins flat. You just snap a pic, type a 3 word description, and that's it!
Granted, there is some risk in buying Joe's listing with only a 3 word description, but it can be worth it. You just have to use common sense on it. For instance if the background of the picture is a somebody's room that hasn't been cleaned in 6 years, it is safe to assume he may not be responsible enough to ship the item.