I think everyone who makes regular use of eBay knows that the feedback system doesn't imply a "rating" - it's there as a document of transactions. Without the feedback, ebay has no other way of reporting how active a member has been.

As part of a feedback revamp they might consider bringing an auction counter which would effectively keep track of transactions. Then the feedback could be used to specify the quality of those transactions where warranted. That doesn't do anything to alter or put into perspective the millions of feedback entries already now present.

As a seller I will usually leave ffeedback when I'm good and ready. I NEVER leave feedback as soon as I receive payment. For the reasons mentioned. I will leave it once I know the buyer is satisfied with the transaction. Even if it means doing it before they do.

Bruno