Opinions, Is this better for the Members?


What do you guys think about the new Audiogon feedback rating system. At the end of the process and a remedy is not reached will it be possible to leave a negative feedback on a member. Below is the new policy.

"This system is being implemented so that transactions are verified by both parties prior to posting of Feedback. It provides documentation of a given transaction and allows both members to review the feedback involved before any feedback is posted. Consequently, any disagreements arising from such transactions can be mediated from a basis of fact. Furthermore, this system increases the value of Feedback as one criterion by which to judge the standing of fellow members.
The old system allowed any member to post feedback when certain written criteria were met. Now, feedback will not be posted until both members agree that there was a transaction. Also, in the past, if a member did not agree with feedback given, they only had the option to file a dispute to get it removed. Now, they can disagree with the proposed feedback before it is posted."
jea48
Tvad,

Yep, its an interesting phenomenon. The longer I stay in the hobby, the less expensive and more simple my system becomes! Currently the most expensive piece of Audio gear I own was $1000 bought here nearly 3 years ago. Of course, 3 years is a record survival rate for any piece of equipment in my system!

After having gone the de-cost-ifying route, I can't imagine spending thousands of dollars for a single item ever again. My current 2-channel system is "simply blissful".

Here's the budget system I now own. BTW, it would not have been nearly as "budget" if it weren't for a couple of screamingly good deals that I got right here on AudiogoN.

Quad 99 CDP CD player with remote variable volume control

Channel Islands VMB-1 monoblocks. The Quad is connected direct to the amps

Reference 3A MM Decapos- A screaming deal 3 years ago at $1000 in perfect condition.

But, Alas, none of the feedback for the items shows up with product purchased info in the new feedback system. Neither does the $3500 CD player, $3000 integrated amp or $2700 speakers that I sold when I bought these items.....

Enjoy,

TIC
Isn't there a way to incorporate the best parts of both feedback systems? I feel negative feedback will never be posted, due to the inevitable diputes that will arise...By the way I've had several people back out on deals here but have not posted a negative feedback on anyone yet - It happened TWICE on my Rowlnd Concerto sale...
Reubent, I don't know anything about the Quad CD player, but I've certainly read outstanding things about the Reference 3A MM Decapos, and I know first hand that Dusty's CI Audio D100 are terrific, so I assume his VMB-1 must be, too.

Concerning the feedack system...because the new system forwards proposed feedback to the other party in the transaction for "approval"/resolution, I don't believe negative feedback will EVER get posted. In fact, while I don't have statistics to prove my theory, I suspect there has been a significant reduction in all posted feedback because of the added steps involved.
Tvad, I agree with your second paragraph. If you want feedback left from a fellow member this will need to be part of the transaction. Each member should discuss the leaving of feedback in their emails to each other. Of course if the transaction goes bad, all bets are off...
Information regarding bad transactions/sellers/buyers is more valuable than a bucket-load of positive feedback, in my opinion, and this is precisely why the new feedback system borders on being worthless.