I'm not trying to butt into anyone else's business, but I just wanted others to know a couple things about Paypal (I use it all the time, like most of you).
1. This is going to come off as a "holier than thou" comment, but here goes: Paypal Gift Option isn't supposed to be used for buying and selling equipment. To me it feels dishonest and I don't use it (unless I'm giving a gift to someone or transferring money from one family member to another). What you do is your business, but here's part of the reason I mention it:
2. Buyer protection. Paypal is really good about resolving disputes, but they won't help you if you used the Gift option to buy a camera, lens, etc. They are in business, and their commission is fairly reasonable (at least for now).
If you buy an item and use gift (to avoid the money transfer fee that Paypal uses to make a profit, pay their employees, etc.) then they can't back you up if you get ripped off.
I know this because I used Gift a couple years ago, even though I felt funny about doing it. Sure enough, it was a scam and the camera was never delivered. It was out of state, and I should have known better (Craigslist), but I told the guy who sold me the camera I'd be visiting him to get my camera. I also threatened to report him to the FBI because it was an interstate fraud (which is actually quite serious--a felony). It worked and he refunded my money.
What did Paypal have to say about all this? They said, "you used the gift option to pay for your purchase. We feel you are trying to avoid payment of services due to Paypal, so we can't help you in this matter."
Please don't start a flame war based on this post. I'm just trying to help others.