Ebay is still a great place to sell, in comparison to most others.
There still seems to be a lot of confusion and doubt usually from not understanding or others paranoia. Ebay is safe to sell and covers you for many things, even from 0 feedback buyers, we were all 0 feedback at one time. As long as you send with a trackable service, even if it is just signed for, then doesn't matter what happens their end as any disputes merely require proof of delivery, or attempted delivery to be classed as your contract fulfilled. It covers against both buyers and sellers, despite what others tell you.
As for the old moan about money going into your bank account and ebay having the authority to access it to claim back any money owed to them, well, firstly if you do legally owe them money then you should be paying it, not trying to fraud them out of their money. Also people seem to think PP was better as it prevented that. ebay through your PP account had permission also to access both your PP and connected bank account and recover any funds legally owed to them, but some seem to think that opening a separate PP account just for ebay that was not connected to their bank account prevented that. Ebay have some of the best lawyers, if you legally owe them money, no matter how little, they will chase you for it, they will win of course, and you will not only end up paying what you tried to scam from them but also their court fees.
As for money held after transactions, ebay still do that to prevent themselves being out of pocket for new un-verified users, which is a good business practice considering how much they loose every day to scams. By the way, PP used to do exactly the same only for longer. The new laws that came out last week now mean they can not hold it for as long, also means that you can request immediate payment of any money they owe you.
Through PP a buyer could return the item 30 days later saying it was not as described and get their money back, regardless of ebay, they can not do that now.
Ebay fees, as stated above, work out cheaper than previous PP fees, only just, but cheaper. Also i have looked into selling on other sites, none i might ad reach as big an audience as ebay, and the fees are more.
Ebay cs are fine at sorting issues and have resolved many cases for me, a pain but distance selling is always going to be vulnerable to problems. Selling on sites like this present no less a risk imo, and for me pose more hassle when something does go wrong.